Jan 13^th Ethanol Run Rates up 0.5% From the Previous Week, Reaching a New Record High Jan ’17 Ethanol Production up 1.7% MOM and 7.3% YOY Through Two Weeks Jan 13^th Ethanol Stocks up 5.5% From the Previous Week Jan 13^th Weekly Increase in Ethanol Stocks was the Fourth Largest on Record Jan 13^th Weekly Increase in Ethanol Stocks of 5.5% was Greater Than a Two-Sigma Event Ethanol Stocks Typically Build Most Significantly Throughout the First Two Weeks of the Year Jan 13^th Weekly Increase in Ethanol Stocks Greatest on the Gulf Coast Jan 13^th Total Ethanol Stocks Remain Down 3.8% YOY, Gulf Coast Stocks Down 19.0% Jan ’17 Ethanol Stocks-to-Production up 7.5% MOM, Down 11.4% YOY Through Two Weeks Nov ’16 Ethanol Exports Finished Down 4.3% MOM but up 110.2% YOY Jan ’17 Annualized Ethanol Imports Remained at Minimal Levels Through Two Weeks Jan 13^th Gasoline Sales Down 4.7% From the Previous Week, Reaching a Two Year Low Jan ’17 Gasoline Sales Down 7.4% MOM and 3.9% YOY Through Two Weeks Jan 13^th Gasoline Stocks-to-Consumption up 2.5% Week-Over-Week and 0.6% YOY Jan ’17 Ethanol Blend Rate Down 0.4% MOM but up 3.8% YOY Through Two Weeks