U.S. DDGS Exports Update – Nov ’16

Sep ’16 U.S. DDGS Export Volumes Declined Seasonally to a Five Month Low Sep’16 U.S. DDGS Export Volumes Finished Down 11.7% MOM and 14.5% YOY DDGS Destined to China Declined Significantly on a YOY Basis, Offsetting Widespread Gains U.S. DDGS Export Volumes Destined to China Remain Significantly Below Recent Highs Sep ’16 DDGS Exports Volumes Destined to China Finished Down 68.9% YOY DDGS Exports to China Have Increased in Relative Importance Over the Past Several Years DDGS Export Volumes Destined to China Declined the Most YOY Over the Past 12 Months China Remained the Top Destination for U.S. DDGS Exports During Sep ’16