Green Plains says its plants aren’t shutdown but in “warm idle”

In Missouri, Brownfield Ag News reports that Green Plains’ CEO clarified the company’s position and it isn’t mothballing its ethanol plants in Iowa and Minnesota but instead are at a “warm idle”, still accepting corn and able to restart production whenever the market allows. The facilities that have stopped producing ethanol account for about 20% of the company’s total installed production capacity. The company’s CEO said that slowing down production capacity in response to market conditions was par for the course.

Category: Fuels