September 8, 2021
BY Erin Voegele
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Green Plains Inc. on May 3 released Q1 financial results, reporting the company was impacted by low margins and industry oversupply during the quarter. The company also announced progress on its Clean Sugar Technology facility and MSC joint venture.
The U.S. exported 159.31 million gallons of ethanol and 1.06 million metric tons of distillers grains in March, according to data released by the USDA on May 2. Exports of both products were up when compared to both the previous month and March 2023.
Brazil’s 2024-’25 sugarcane harvest season kicked off on April 1. UNICA, the country’s sugarcane industry association, said sugarcane processing and ethanol production were both up during the first two-weeks of the harvest season.
U.S. fuel ethanol production expanded by more than 3% the week ending April 26, according to data released by the U.S. Energy Information Administration on May 1. Stocks of fuel ethanol were down 1% and exports were down 42%.
Archer Daniels Midland Co. on April 30 released first quarter financial results, reporting improved earnings for Vantage Corn Processors subsegment, which includes the company’s dry mill ethanol plants.