Operating income before depreciation for the ethanol production segment was slightly positive in the ethanol segment for the second quarter. Our ethanol yield improved to a record 2.85 gallons of ethanol proportion of corn. On an ongoing basis, we have worked to refine the ethanol production process and get more out of the corn we grind. Whether it has been through our new enzymes or improving process loads, as the company and an industry, we continue to seek improvement in yield.We have deployed the technology, we refer to as fine-grind in our Shenandoah plant and we are trailing this technology, trailing this technology at another one of our facilities. The process goes after the last 7% of the starch for enzyme conversion to sugar, breaking larger starch particles into smaller ones and breaking starch away from the fiber protein or fat in the corn grind.
Green Plains Renewable Energy's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.