February 5, 2015 / 4:48 PM / 3 years ago

Green Plains says slowed down ethanol output amid tight margins

NEW YORK, Feb 5 (Reuters) - Green Plains Inc. said on Thursday that the biofuels maker has slowed down ethanol production "slightly" amid a tight margin environment and expects other producers have as well.

U.S. government data showed the first "glimpse" of a slowdown in production this week, an executive said on a conference call to discuss fourth quarter earnings.

That will lead to a draw down in inventories as demand in the United States and abroad remains robust, the company said. (Reporting by Chris Prentice; Editing by Chizu Nomiyama)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below