Apr ’20 U.S. Ethanol Export Volumes Declined to an 11 Month Low Level Apr ’20 U.S. Ethanol Export Volumes Declined 26.6% MOM and 33.8% YOY Brazil and India Were the Top Destinations for U.S. Ethanol Exports During Apr ’20 Apr ’20 U.S. Ethanol Volumes Destined to Canada Finished Most Significantly Lower YOY U.S. Ethanol Exports Destined to India & Brazil Have Increased Significantly Over Recent Years U.S. Ethanol Export Volumes Destined to Brazil Down the Most Over the Past 12 Months Apr ’20 U.S. Ethanol Exports to Brazil Declined YOY for the Second Consecutive Month Apr ’20 U.S – Brazil Net Trade is Projected to Remain Positive for the Sixth Consecutive Month A 20% Tariff on U.S. Ethanol Exports Destined to Brazil Took Effect Beginning Dec ’17 Apr ’20 U.S. Ethanol Export Volumes Destined to China Remained Minimal 2019 Annual U.S. Ethanol Export Volumes Destined to China Reached a Seven Year Low Level The EU-28 Declined to Reinstate Anti-Dumping Duties on U.S. Ethanol Exports During May ’19 Apr ’20 U.S. Ethanol Exports Market Share to the EU-28 Rebounded Slightly MOM May ’20 Ethanol Exports are Projected to Finish Higher YOY, up 9.5%