U.S. DDGS Exports Update – Nov ’15

Sep ’15 U.S. DDGS Exports Continue to Decline From the Record High Experienced in Jul ’15 Sep ’15 DDGS Exports Declined 10.5% MOM but Remained 21.7% Higher YOY U.S. DDGS Exports to China Declined to a Six Month Low but Remain up Significantly YOY Sep ’15 DDGS Exports to China Declined 23.6% MOM but Remained 192.4% Higher YOY DDGS Exports to China Have Increased in Relative Importance Over the Past Several Years Product Destined for China and Mexico Accounted for Over Half of U.S. DDGS Exports in 2014 Product Destined to China Accounted for Nearly Half of All DDGS Export Volumes in Sep ‘15 Sep ’15 Export Volumes to China and Mexico Outpaced the Overall YOY Gain 2015 YTD Increases in YOY Volumes to China Have Been Significant Through Sep ’15