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Green Plains shutting down 2 Iowa ethanol plants
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ClampClampington
Posted 9/17/2018 15:25 (#6993080 - in reply to #6993024)
Subject: RE: Green Plains shutting down 2 Iowa ethanol plants


kryptonite_225 - 9/17/2018 14:54

The facilities are in Lakota, and Superior. What's the story behind these 2 blend wall, or lack there of?


Ethanol plant margins have been very thin over the past few months, and JAS is almost always peak ethanol margin season for plants. This has been a concern for plants recently. 3 weeks ago GPRE send out a note to their shareholders saying they were reassessing production targets for q4 at their plants. Several plants across Nebraska have already cut rates leading up to harvest.
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