SUBSCRIBER NOTE: Platts proposes to discontinue NoCal and SoCal Ethanol 15-30 Rail Fwd assessments

S&P Global Platts proposes to discontinue its Ethanol North and South California Rail 15-30 days forward assessments with effect January 3, 2017.

This follows a change in market dynamics where spot trading liquidity is primarily on a this-week and next-week basis. Platts will continue to assess the prompt California ethanol market.

The discontinuation will impact the daily assessments that appear in Biofuelscan, and on the Platts Biofuels Alert page 210 and the month average assessments that appear on the Platts Biofuels Alert page 212.

Assessments impacted: AAMFZ00 Ethanol NoCal Rail Fwd 15-30 days AAMGC00 Ethanol NoCal Rail Fwd 15-30 days MAvg AAMNN00 Ethanol SoCal Rail Fwd 15-30 days AAMNP00 Ethanol SoCal Rail Fwd 15-30 days MAvg

Platts seeks formal feedback and questions on the proposed discontinuation and California ethanol market assessments until to September 30, 2016.

Please send all questions and feedback to america_ags@platts.com with CC to pricemethodology@platts.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.