Tag: Green Plains

Green Plains profit decline blamed on ethanol oversupply, pushes for E15

Green Plains profit decline blamed on ethanol oversupply, pushes for E15

November 3, 2017 |

In Nebraska, large ethanol producer Green Plains announced third-quarter profits fell excluding certain items, of $7.4 million, or 18 cents a share (compared to a net profit of $8 million or 20 cents a share a year earlier). The reason given was because of motor fuel’s oversupply problem that Green Plains hope will be remedied […]

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Green Plains’ CEO sees global ethanol demand growth at up to 3%

Green Plains’ CEO sees global ethanol demand growth at up to 3%

October 25, 2017 |

In Florida, Green Plains’ CEO told a conference that the domestic ethanol industry provides demand for growing corn production, acting as a sort of modern day farm policy supporting farmers, but it does it in a way that’s profitable rather than a burden on government coffers. Globally he sees demand for cheap, clean octane increasing […]

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Integrated, hedged, fast-growing: The Digest’s 2017 Multi-Slide Guide to Green Plains

Integrated, hedged, fast-growing: The Digest’s 2017 Multi-Slide Guide to Green Plains

September 26, 2017 |

Founded in 2004, Green Plains Inc. is North America’s third largest producer of ethanol. Headquartered in Omaha, Nebraska, Green Plains has grown rapidly, primarily through acquisitions, and today has operating segments throughout the ethanol value chain. Operations begin upstream with our grain handling segment, continue through approximately 1.5 billion gallons of ethanol production capacity per […]

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ADM and Green Plains switch to potable and industrial ethanol to reduce glut

ADM and Green Plains switch to potable and industrial ethanol to reduce glut

August 2, 2017 |

In Illinois, ADM and Green Plains as well as potentially others are converting some of their fuel ethanol production to potable and industrial ethanol in an attempt to reduce the supply glut currently plaguing the market. ADM’s shift alone will remove 100 million gallons from the market but it’s only a fraction of its 1.8 […]

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Green Plains completes $36M Cargill Feed Yard acquisition

Green Plains completes $36M Cargill Feed Yard acquisition

May 21, 2017 |

In Nebraska, the Green Plains Cattle Company completed the previously announced acquisition of two cattle feed yards from Cargill for approximately $36.7 million, excluding working capital. The transaction includes feed yards located in Leoti, Kan. and Yuma, Colo., adding capacity of 155,000 head to the company’s operations, and positions Green Plains Cattle Company as the […]

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Green Plains already talking about expansion of Beaumonth ethanol terminal

Green Plains already talking about expansion of Beaumonth ethanol terminal

May 3, 2017 |

In Texas, Green Plains says it is finalizing the contracts for its ethanol import/export terminal in Beaumont that could be online by the middle of this year, and already talk about expansion is underway though any investment plans will be on hold until phase 1’s capacity is contracted. The facility is meant to offer an […]

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Green Plains to buy two cattle feedlots from Cargill

Green Plains to buy two cattle feedlots from Cargill

April 26, 2017 |

In Nebraska, Omaha-based Green Plains Inc., with existing feed yards at Kismet, Kansas, and Hereford, Texas, will purchase Cargill’s beef cattle feed yards at Leoti, Kansas, and Yuma, Colorado. The transaction will be finalized once a definitive agreement and regulatory review are complete. Green Plains will supply cattle to Cargill through a new multiyear agreement. […]

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Green Plains income surges to $18.7M for Q4 2016

Green Plains income surges to $18.7M for Q4 2016

February 12, 2017 |

In Nebraska, Green Plains reported net income of $18.7 million for Q4, or $0.47 per diluted share, compared with net loss of $(3.6) million, or $(0.09) per diluted share, for the same period in 2015. Revenues were $932.1 million for the fourth quarter of 2016 compared with $739.9 million for the same period last year. […]

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Green Plains sees 2017 ethanol exports remaining steady at 1.1 billion gallons

Green Plains sees 2017 ethanol exports remaining steady at 1.1 billion gallons

February 9, 2017 |

In Missouri, Green Plains’ CEO said an earnings call that despite an expected decrease in demand from China for US ethanol exports, the company expects annual exports to remain steady in 2017 at around 1.1 billion gallons, with 350 million gallons expected for export during Q1. The company plans to export about 25% of its […]

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Green Plains reports Q3 $42M in operating income, as revenues spike

Green Plains reports Q3 $42M in operating income, as revenues spike

November 6, 2016 |

In Nebraska, Green Plains reported Q3 net income of $7.9 million, or $0.20 per diluted share, for the third quarter of 2016 compared with net income of $6.2 million, or $0.16 per diluted share, for the same period in 2015. Revenues were $841.9 million for the third quarter of 2016 compared with $742.8 million for […]

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