top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.

NEWS.png

Ethanol Crash Leads Green Plains to Invest $400M to Shift Business to Animal Feed


A crash in ethanol prices had led leading U.S. ethanol company Green Plains Inc., to announce its intentions to shift its business away from ethanol to high-protein, corn-based animal feed production. The decision is seen by the company as the only way to survive long-term in the industry that has a bleak market outlook, as U.S. demand for motor fuels declines, and the current administration continues to waive biofuel blending requirements for an increasing number of refiners.

However, demand for high-protein animal feed remains high. Over the coming two-to-three years the company plans to invest approximately $400 million across its 13 production plants to achieve the switch away from its strategy of higher ethanol output and the sale of distillers dried grains (DDGs) for cow and swine feed. Moving forward, ethanol will be relegated as a low-margin co-, or byproduct resulting from feed production. After investing $35 million at the site, Green Plains will begin producing feed with 50 percent protein at its plant in Shenandoah, Iowa, this month.

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image

CONTRIBUTE

Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration: 
lkiernan-stone@highquestgroup.com

bottom of page