"We are probably the largest producer of commodity grade corn oil for feed and biodiesel in the U.S. at this point. I feel this has given our shareholders a very stable unencumbered cash flow during the times of margin compression.
Revenues were higher for both of our corn oil production segment and our Agribusiness segment.
Corn oil production contributed $13.5 million in revenues on 33.5 million pounds of production compared to $4.3 million in revenues and 10.1 million pounds respectively.
We continue to see good values for our corn oil in the marketplace.
We have
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SkunK
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Skunk, thanks to you and your past blogs, you've pointed me in the direction of what I believe is very substantial news in the GPRE Q1 report. If you know Mr. Becker on a personal level, like I do, and if you listen to the CC, the pause in his voice when he revealed that the increase in ethanol yield is by "mechanical" means indicates to me that he just revealed something big, and he knows that one word was a very big hint. A true indication that this could be Greenshift's Tornado/Cavitation that you blogged about in the past.http://greenshift-gers.blogspot.com/2012/02/flash-desiccation-mechanical.html
I am meeting with Mr. Becker next week and I will do my best to get any more information I can maybe a possible confirmation.
Tornado Generator/ Mechanical Cavitation
I got tears of joy when I heard this...This is the BIG NEWS that I got from the call. 2.94 gallons per bushel is unheard of in the industry. I believe this has GERS written all over it.
"some of the processing and grinding processes"
"We have seen and it’s going to kind of going to come either biologically or mechanically. And so we’ve been working more on the mechanical side of it..."
I have talked about how I believe GPRE and other customers are using Greenshift's other technologies. GPRE has been saying thry've been working on ethanol yield projects for a while. The question before this Q1 release was, is GPRE going after the starch with enzymes or by mechanical means ie Patented Tornado Generator/Cavitation.
We have our answer, it's mechanical. I believe this was what Global Ethanol was testing when GPRE bought them out.
"We continue to work on improving our yield in the ethanol segment and going after the last 7% starch in the corn kernel that remains after the production progress.
We did experience a better yield in our Ethanol Production segment, reaching 2.84 gallons of ethanol per bushel of corn on average. Some of this was due to slowing down production and some was from recent capital projects. We are working on more projects to continue improving conversion rates and I will again comment more on this later in the call.
I guess just turning back to ethanol briefly, I wanted to touch on the comments you made about yield improvements unlocking that 7% starch. And how much do you think is obtainable and what should we expect investments to be made or is that something that could hit 2012 or 2013 or just some sense around that will be helpful.
Todd Becker
Yeah, I just do a quick comment and I’ll let Jeff kind follow-up. We’ve done – we’ve been working several years on increasing yields at our plans and some is slower than other – some have gone slower than others. We have seen and it’s going to kind of going to come either biologically or mechanically. And so we’ve been working more on the mechanical side of it to see where and how we get more while companies like Novozone and Genencor worked on the biology side of it and they’re making improvements as well."
Good Luck To All!$!$!$!$!$!$!$!$
"So, in the combination of both of those as well as continuing to even a variety of corn makes a difference as well. So we have plants right now that are pushing 294 yield and we have some plants that are lagging behind still under 270, but overall from the average we’re at 284. And so we just need to get those laggards continue to get those improving and those – I think we will see that overtime. I think that’s where the USDHS doesn’t have a good understanding of what our yields are as an industry using 271 and their numbers for the balance sheet. So Jeff, do you want comment about on what we’re doing.
Jeffrey Briggs
Yeah. It revolves a lot around the enzymes that we’re using, the rates, some of the processing and grinding processes that we do use and when we look at everything in total, also some of this around the technology. One of the things that we’ve learned is that our delta tea plants can actually be pretty efficient yield animals compared to some of the previous ones that we thought."
This would explain why they fast-tracked this patent.
"GreenShift's patented Tornado Generator™ accelerates compressed air to supersonic speeds to almost instantly grind, flash desiccate, atomize and homogenize solids and liquids into micron sized powders. This technology is a robust way to reduce feedstock variability and improve consistency in the thermal or enzymatic processing of qualified feedstocks"
would that put corn oil over $3 per gallon?
Sheeesh I can't believe Total got Jim to say he was going to take his ball and go home. Grow up Jim. IMO!
Wow...slash...why don't you just picker up and give Kevin and company a big kiss on there @*#&%....god knows you have earned. Great job and keep up the good work. We love you man.
I am still in the game. I just can no longer read totals B.S. so i put him on ignore. This is my last response regarding total on this forum or any other. Glta
SLASH, good digging. I look forward to hearing what you learn from Mr. Becker.
SkunK, thanks as always
Why would you do that. Half of total truths posts are inaccurate. He constantly is being corrected. He's not as savvy as he leads on to be.
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