Tag: CoBank

CoBank sees more tough times ahead for ethanol producers

CoBank sees more tough times ahead for ethanol producers

July 29, 2019 |

In Colorado, CoBank’s latest ethanol outlook report says operating margins for ethanol producers will likely remain weak for the remainder of 2019 under the weight of abundant ethanol production. Declining corn production this year will also squeeze margins. Some ethanol plants will be forced to shut down or idle their production due to high corn […]

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Pacific Ethanol extends credits terms with CoBank, ACB

Pacific Ethanol extends credits terms with CoBank, ACB

July 16, 2019 |

In California, Pacific Ethanol, Inc. reported it has extended the terms of its credit agreements with CoBank, ACB. Pacific Ethanol Pekin, LLC, an indirect wholly-owned subsidiary of Pacific Ethanol, Inc., has entered into an amendment to extend the payment and covenant terms of its credit agreements with CoBank, ACB to November 15, 2019. In March […]

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CoBank report says ethanol margins likely to remain weak for rest of 2019

CoBank report says ethanol margins likely to remain weak for rest of 2019

July 2, 2019 |

In Colorado, operating margins for ethanol producers will likely remain weak for the remainder of 2019 under the weight of abundant production. Declining corn production this year will also squeeze margins and some ethanol plants will be forced to shut down or idle their production due to high corn prices or insufficient supplies. According to […]

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CoBank report says ethanol industry will soon face worsening margins that could lead to consolidation

CoBank report says ethanol industry will soon face worsening margins that could lead to consolidation

August 17, 2017 |

In Colorado, according to a new report from CoBank’s Knowledge Exchange Division, the ethanol market will soon face worsening slim-to-negative profit margins, which could potentially push the industry toward consolidation. However, producers that are well-capitalized with strong balance sheets and cash reserves will be in the best position to weather the softening market. The report, […]

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CoBank says bumper corn crop will help Nebraska’s ethanol and livestock industries

CoBank says bumper corn crop will help Nebraska’s ethanol and livestock industries

October 8, 2015 |

In Nebraska, CoBank says a bumper corn crop will weigh on prices but that will be good news for ethanol producers as well as the livestock industry who has suffered from high feed prices in recent years. Growth in the meat industry is growing at its fastest pace in nearly 40 years. Ethanol and DDGS […]

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