U.S. DDGS Exports Update – Jun ’16

Apr ’16 U.S. DDGS Export Volumes Remained Significantly Below the Jul ’15 Highs Apr ’16 DDGS Exports Increased 10.9% MOM but Remained Down 4.8% YOY U.S. DDGS Exports Destined to China Increased Slightly From the Previous 16 Month Low Apr ’16 DDGS Exports to China Increased 6.7% MOM but Remain Down 79.1% YOY DDGS Exports to China Have Increased in Relative Importance Over the Past Several Years DDGS Export Volumes Destined to China Increased the Most YOY Over the Past 12 Months Mexico was the Top Destination for U.S. DDGS Exports During Apr ’16