Green Plains: US Could Export 1.1 Billion Gallons Of Ethanol In 2017

Green Plains: US Could Export 1.1 Billion Gallons Of Ethanol In 2017

Reuters
Feb 9, 2017
34 views
0

 U.S. ethanol manufacturer Green Plains Inc. sees the total industry on track to export 1.1 billion gallons (gal) or more of the biofuel in 2017, even with China absent as a buyer, an executive said on Feb. 9.

The company said it plans to ship 25% of its production overseas in February, and expects the industry will export between 300 million gal and 350 million gal in the first quarter of 2017 alone, Todd Becker, president and CEO, said on a conference call with investors to discuss earnings.