Jul 24^th Ethanol Run Rates Increased 5.5% Week-Over-Week, Reaching an 18 Week High Level Jul ’20 Ethanol Production up 6.9% MOM but Down 11.3% YOY Through Four Weeks Jul 24^th Ethanol Stocks Rebounded 2.4% From the Previous Week’s Four and a Half Year Low Jul 24^th Weekly Increases in Ethanol Stocks Greatest on the East Coast Jul 24^th Total Ethanol Stocks Remain Down 17.1% YOY, Gulf Coast Stocks Down 26.0% Jul ’20 Ethanol Stocks Down 3.6% MOM and 14.0% YOY Through Four Weeks Jul ’20 Ethanol Stocks-to-Production Down 10.0% MOM and 3.1% YOY Through Four Weeks May ’20 Ethanol Exports Declined 31.6% YOY, Jun ’20 Volumes Projected up 6.1% Jul 24^th Ethanol Imports Increased to a Three Week High Level Jul 24^th Gasoline Sales Increased 3.0% Week-Over-Week, Reaching an 18 Week High Level Jul ’20 Gasoline Sales up 5.6% MOM but Down 9.0% YOY Through Four Weeks Jul ’20 Gasoline Stocks-to-Consumption up 18.0% YOY Through Four Weeks Jul ’20 Ethanol Blend Rate Down 1.0% MOM and 1.7% YOY Through Four Weeks