Corn oil production also achieved a record high production of 38.6 million pounds on a record conversion of 0.64 pounds per bushel of corn. Both our Agro business and marketing and distribution segments had improved quarterly performances well, versus the first quarter of the year, with $2.4 million and $2.9 million of operating income respectively.We believe our non-ethanol operating segments should produce approximately $60 million of operating income in 2012 The $10 million increase in projected non-ethanol operating income is partially related to our ability to increase the number of railcars deployed, crude oil transportation to over 500 cars for the rest of 2012.
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
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.