U.S. DDGS Exports Update – Jan ’17

Nov ’16 U.S. DDGS Export Volumes Rebounded Slightly From the Oct ’16 Six Month Low Nov’16 U.S. DDGS Export Volumes Finished up 3.5% MOM and 8.7% YOY Vietnam was the Top Destination for U.S. DDGS Exports During Nov ’16, Followed by Mexico DDGS Destined to China Remained Significantly Lower on a YOY Basis DDGS Export Volumes Destined to China Declined to a Two Year Low Nov ’16 DDGS Exports Volumes Destined to China Finished Down 88.0% 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