Oct ’19 U.S. Ethanol Export Volumes Rebounded From the Previous Month Oct ’19 U.S. Ethanol Export Volumes Increased 8.8% MOM but Remained Down 34.1% YOY Canada and India Were the Top Destinations for U.S. Ethanol Exports During Oct ’19 Oct ’19 U.S. Ethanol Volumes Destined to Brazil Finished Most Significantly Lower YOY U.S. Ethanol Exports Destined to India & Brazil Have Increased Significantly Over Recent Years Brazil has Accounted Nearly Half of the Total YOY U.S. Ethanol Export Growth Since 2016 U.S. Ethanol Export Volumes Destined to China & Brazil Down the Most Over the Past 12 Mo Oct ’19 U.S. Ethanol Exports to Brazil Declined YOY for the First Time in Three Months Oct ’19 U.S. – Brazilian Ethanol Net Trade is Projected to Remain Negative A 20% Tariff on U.S. Ethanol Exports Destined to Brazil Took Effect Beginning Dec ’17 Oct ’19 U.S. Ethanol Export Volumes Destined to China Remained Minimal 2018 U.S. Ethanol Export Volumes Destined to China Remained Sharply Below the 2016 Highs The EU-28 Declined to Reinstate Anti-Dumping Duties on U.S. Ethanol Exports During May ’19 Oct ’19 U.S. Ethanol Exports Market Share to the EU-28 Declined to a Five Month Low Nov ’19 Ethanol Exports are Projected to Remain Lower on a YOY Basis