This amount does not include availability under the current credit facility of the partnership.It all depends on the protein, right?
Its storage tanks are located at or near its parent's 13 ethanol production plants in Indiana, Illinois, Iowa, Minnesota, Nebraska, Tennessee and Texas.AAC, ACXM, ADSW, AEGN, ALIM, ALL, ANSS, AR, ARC, AREX, ARI, ARRS, ATRC, AWK, AXGN, BBRG, BFAM, BGC, BLDP, BOJA, BXP, CACI, CAKE, CAVM, CBPO, CCRN, CF, CFMS, CHDN, CLVS, CMPR, CNAT,...Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.The honeymoon for oil refiners seems to be at an end. We continued into the second quarter when we saw these outside factors hitting the market and felt like we wanted to do that and protect our cash flows. Can you talk about the incremental capacity there? We reported $2.7 million in adjusted EBITDA for the quarter. I think what I was talking about when we just talked about China was, corn -- the China corn purchases aren't going to save the US corn market when you have ethanol demand for corn down so much, and that was my reference to China. Good morning everybody.Yeah. Actual results could materially differ because of factors discussed in today's press releases, in the comments made during this conference call and in the Risk Factors section of our Form 10-K, Form 10-Q and other reports and filings with the Securities and Exchange Commission. View real-time stock prices and stock quotes for a full financial overview. It's not an ethanol plant. And again, you have to start in the plants that are low-cost operators. But I think China has to be very careful on agriculture, which is, around the virus and agricultural prices dropping so significantly, do they want to step in at very low prices and buy US -- they almost look to take it -- almost looking like they're taking advantage of this environment to buy cheap US product. It's against gasoline, it's against octane, it's against clean air standards in different countries. So York would probably be the last plant that we would do and under the capital plan that we have right now, we could get a good way through Madison and Mount Vernon by the balance of the year. The Company's parent company is Green Plains Inc. (Green Plains). But going back three months ago, pre-COVID, there were expectations that China would resume purchases post the Phase 1 trade deal. Does it price on energy equivalents or octane substitution?Welcome to the Green Plains Inc. and Green Plains Partners first quarter 2020 earnings call. We will continue to work through our total transformation plans for Green Plains. But overall, yeah, we would still expect them to -- if they engage, they will -- we expect they will engage in ethanol as well.For the balance of the year, our capital expenditures will focus on essential maintenance and our Project 24 initiative. View Presentation 461.5 KB. At Green Plains we have acted to keep our employees safe through various work-from-home measures as well as to support our local communities through our contributions of our FCC-grade alcohol for the production of hand sanitizers and cleaning agents to the State of Iowa and Nebraska and the University of Nebraska for use in hospitals and care facilities. You just cannot -- while a lot of people have tried, you're not going to take a fuel grade plant and qualify for FCC grade. Since the Treasury loosened the rules for who can sell ethanol into the hand sanitizer market, lots of ethanol producers have tried jumping on that bandwagon. Going forward at $0.12 per unit, the partnership will retain $34 million annually that will be allocated to amortizing the partnership's outstanding debt.Our New York, Nebraska facility has been instrumental in providing FCC grade alcohol for the production of hand sanitizers and cleaning products across the US and globally. It's actually shocking, the results, as we've talked about. Green Plains Partners LP (NASDAQ: GPP) is a master limited partnership that was formed in 2015 to be our primary downstream logistics provider, storing and delivering the ethanol we produce. What is your current house view on corn? Hope everyone is well. Would you expect to be predominantly serving FCC grade ethanol toward sanitizer markets? The increase in revenue was driven primarily by higher ethanol production rates as compared to the first quarter of 2019. And maybe last one for me, just on the hedge, I might have missed it, but did you disclose how much of second quarter you have hedged, how long that last, or the level of production you have hedged, or any color there would be helpful?Great. But I think we also have to be somewhat cognizant of the balance sheet and protecting that.Stock Advisor launched in February of 2002. Green Plains Cattle, in turn, is an affiliate of Green Plains Inc. (Nasdaq: GPRE), which is a producer of ethanol and other products.