AgTechNavigator
@feednavigator.com
Free-to-access news on global ag-tech and agri-food innovation, investment and regulation
AgTechNavigator's Company Logos
AgTechNavigator's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#FFBB33
Sunglow
255, 187, 51
40, 100, 60
0, 27, 80, 0
#FFFFFF
White
255, 255, 255
0, 0, 100
0, 0, 0, 0
#232323
Mine Shaft
35, 35, 35
0, 0, 14
0, 0, 0, 86
About AgTechNavigator
FeedNavigator is a leading brand in the US, specializing in the production of ethanol and protein. Despite a challenging second quarter, the company remains confident in its operational performance for the second half of 2023. Green Plains Inc recently released its financial results for Q2, reporting a net loss attributable to the company.
However, the company believes that the operational issues have been resolved and its system is now operating at full capacity. Green Plains CEO, Todd Becker, expressed optimism about the company's transformation and expects a strong financial performance in the coming months. The recent explosion at the Wood River plant in Nebraska caused temporary downtime, but insurance proceeds are expected to offset the loss.
Additionally, Green Plains is in advanced negotiations for its first commercial quantities of 60% protein, further enhancing its product offering. While some shareholders have raised concerns about the CEO, the company has not commented on the matter. With improved fundamentals and increased operational rates, Green Plains is poised for a successful second half of 2023
Company type
Privately Held
Year founded
2015
Company size
11-50 employees
