May 18^th Ethanol Run Rates Down 2.8% From the Previous Week May ’18 Ethanol Production up 2.7% MOM and 2.6% YOY Through Three Weeks May 18^th Ethanol Stocks up 2.9% From the Previous Week May 18^th Weekly Increase in Ethanol Stocks Greatest on the Gulf Coast May 18^th Total Ethanol Stocks Remain Down 2.4% YOY, East Coast Stocks Down 14.8% May ’18 Ethanol Stocks up 0.5% MOM but Down 4.8% YOY Through Three Weeks May ’18 Ethanol Stocks-to-Production Down 2.1% MOM and 7.2% YOY Through Three Weeks Apr ’18 Ethanol Exports are Projected to Decline From the February and March Highs May 18^th Ethanol Imports Finished at Minimal Levels May 18^th Gasoline Sales up 1.7% From the Previous Week May ’18 Gasoline Sales up 3.6% MOM and 0.7% YOY Through Three Weeks May 18^th Gasoline Stocks-to-Consumption up 0.8% Week-Over-Week but Down 2.5% YOY May ’18 Ethanol Blend Rate Down 1.2% MOM and 1.6% YOY Through Three Weeks