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Green Plains Inc GPRE

Green Plains Inc. is a biorefining company. The Company is focused on the development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. This includes the production of cleaner low carbon biofuels and renewable feedstocks for advanced biofuels. It is an advanced producer of Sequence and novel ingredients for animal and aquaculture diets. Its ethanol production segment includes the production, storage and transportation of ethanol, distillers grains, ultra-high protein and renewable corn oil at ten biorefineries in Illinois, Indiana, Iowa, Minnesota, Nebraska and Tennessee. Its Agribusiness and Energy Services segment includes grain procurement, with over 20.2 million bushels of grain storage capacity, and its commodity marketing business, which markets, sells and distributes the ethanol, distillers’ grains, protein and renewable corn oil produced at its ethanol plants.


NDAQ:GPRE - Post by User

Post by oilsoakedon Mar 09, 2015 10:41pm
220 Views
Post# 23504840

Isn't it a contradiction?

Isn't it a contradiction?
To announce a confidential submission?  What is confidential about that?  Sorry to digress...just struck my funny bone a bit.  The real news in the release suggests that Green Plains are liking how they see the Ethanol market shaping up in the future and are planning ahead.  If they are right (and I already agreed with them by buying in again a few weeks back), then it will bode well for others as well, particularly another favorite in the same space.  Nice to see that at least today the market agrees with that painted picture of the future.

Oil
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