All of our assets performed well during the quarter, and the benefit we had from strong ditillers pricing and as well our corn oil revenue that was realized over the full quarters did help to mitigate the loss during these historically low crush margins.Later in the call, we’ll talk about the ongoing drought, but we do expect to have advantage as the harvest progresses here in the next month or so as the local crop around both of our plants remaining in good shape. In Nebraska, it is irrigated all around our facilities and southern Minnesota has some decent moisture levels and has not experienced the drought going on throughout most of the corn belt.
BioFuel 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.