Cost SavingsGPRE has already executed against $45mm in annualized cost savings and paused its Clean Sugar plant, saving $10mm annually.
Ethanol MarginsThe outlook for ethanol margins has improved, with positive EBITDA in forward curves, with contributions from higher corn oil values ahead of anticipated increases to RVO, inventory draw down due to maintenance, stronger blending demand, and large expected corn harvest.
Strategic InitiativesThe upcoming startup of the Tallgrass Trailblazer CO2 line and improved economics for Nebraska plants could increase interest in Green Plains Inc. ahead of the CCUS program.