Green Plains sees 2017 US ethanol exports around 1.1 B gallons
2/9/2017 10:31:38 AM
NEW YORK (Reuters) -- US ethanol manufacturer Green Plains Inc sees the total industry on track to export 1.1 billion or more gallons of the biofuel in 2017, even with China absent as a buyer, an executive said on Thursday.
The company said it plans to ship 25% of its production this month overseas and expects the industry will export between 300 and 350 million gallons in the first quarter alone, the company's President and Chief Executive Officer Todd Becker said on a conference call with investors to discuss earnings.
Reporting by Chris Prentice
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