# Ethanol woes spur new feed focus for Green Plains - AgCanada

> Green Plains, one of the largest US ethanol producers, plans to invest about $400 million over two to three years to shift its 13 plants toward high-protein DDGS animal feed as its main product. Ethanol will become a byproduct, after 2019 ethanol revenue fell 19.8%.

- Date: 2020-02-11 · published 2020-02-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54605-ethanol-woes-spur-new-feed-focus-for-green-plains-agcanada
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A major producer shifting toward DDGS signals expected strong feed demand from cattle, hogs and poultry, which supports DDGS prices. The shift may also increase DDGS supply over time.

## Read by commodity

- SBM: bearish ▼
- CORN: neutral
- DDGS: bullish ▲

## Sources

- agcanada.com: https://www.agcanada.com/daily/ethanol-woes-spur-new-feed-focus-for-green-plains
- reuters.com: https://www.reuters.com/article/usa-biofuels-green-plains/u-s-ethanol-woes-spur-new-animal-food-focus-for-green-plains-ceo-idUSL1N2AA100/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.