May 8^th Ethanol Run Rates Increased 3.2% Week-Over-Week, Reaching a Five Week High May ’20 Ethanol Production up 3.8% MOM but Down 42.2% YOY Through Two Weeks May 8^th Ethanol Stocks Declined 5.6% From the Previous Week, Reaching a Seven Week Low May 8^th Weekly Decline in Ethanol Stocks Greatest on the East Coast May 8^th Total Ethanol Stocks Remain up 8.7% YOY, Gulf Coast Stocks up 17.5% May ’20 Ethanol Stocks Down 8.3% MOM but up 9.9% YOY Through Two Weeks May ’20 Ethanol Stocks-to-Production Down 12.1% MOM, up 90.4% YOY Through Two Weeks Mar ’20 Ethanol Exports Declined 0.1% YOY, Apr ’20 Volumes Projected Down 66.4% May 8^th Ethanol Imports Remained at Minimal Levels May 8^th Gasoline Sales Rebounded 11.0% Week-Over-Week, Reaching a Seven Week High May ’20 Gasoline Sales up 31.9% MOM but Down 25.6% YOY Through Two Weeks May ’20 Gasoline Stocks-to-Consumption Down 26.0% MOM but up 49.9% YOY May ’20 Ethanol Blend Rate Down 9.6% MOM and 10.1% YOY Through Two Weeks