May 25^th Ethanol Run Rates up 1.3% From the Previous Week May ’18 Ethanol Production Finished up 2.6% MOM and 2.6% YOY May 25^th Ethanol Stocks Down 3.9% From the Previous Week, Finishing at a Seven Month Low May 25^th Weekly Decline in Ethanol Stocks Greatest on the Gulf Coast May 25^th Total Ethanol Stocks Down 6.6% YOY, West Coast Stocks Down 15.6% May ’18 Ethanol Stocks Finished Down 0.2% MOM and 5.5% YOY May ’18 Ethanol Stocks-to-Production Finished Down 2.8% MOM and 7.8% YOY Apr ’18 Ethanol Exports are Projected to Decline From the February and March Highs May 25^th Ethanol Imports Finished at Minimal Levels May 25^th Gasoline Sales Flat Week-Over-Week May ’18 Gasoline Sales Finished up 3.7% MOM and 0.8% YOY May 25^th Gasoline Stocks-to-Consumption up 0.2% Week-Over-Week but Down 1.1% YOY May ’18 Ethanol Blend Rate Finished Down 1.2% MOM and 1.6% YOY