# Alto Ingredients: 45Z Outlook Revised Up, CO2 Strategy Refined, Exports Delayed

> Alto Ingredients reported $14.8 million in third-quarter 2026 gross profit and raised its 2026 estimate for net earnings from the 45Z tax credit to at least $20 million, citing more than 90 million qualifying gallons and low-carbon corn agreements. The company said its Pekin dry mill was expected to reach an annual run rate of about 65 million gallons, while European exports may not resume until 2027; management also cited potential for California E15 adoption to add more than 600 million gallons of annual ethanol demand industry-wide.

- Date: 2026-11-06 · published 2026-11-07T00:22:54.563Z
- Category: policy · region United States · magnitude low
- Page: https://feedsoft.ai/events/85264-alto-ingredients-45z-outlook-revised-up-co2-strategy-refined-exports-delayed
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tax-credit incentives and potential E15 expansion support ethanol demand and could increase competition for corn used as feedstock. Delayed European exports limit near-term export demand for U.S. ethanol, tempering that support.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-11 | [China’s record low urea exports support nitrogen fertilizers outlook: Fertiglobe](https://feedsoft.ai/events/27319-china-s-record-low-urea-exports-support-nitrogen-fertilizers-outlook-fertiglobe.md) | -1.2% | -0.1% |
| CORN | 2019-03-28 | [New record for U.S. ethanol production and exports in 2018 and an update on Iowa’s ethanol industry](https://feedsoft.ai/events/60116-new-record-for-u-s-ethanol-production-and-exports-in-2018-and-an-update-on-iowa.md) | -2.6% | -4.6% |
| CORN | 2021-01-29 | [Cereals daily: exporters in Russia desperate to ship - Mundus Agri](https://feedsoft.ai/events/48983-cereals-daily-exporters-in-russia-desperate-to-ship-mundus-agri.md) | +2.4% | -0.7% |
| CORN | 2023-07-28 | [India bans exports of de-oiled rice bran after white rice \| Mint](https://feedsoft.ai/events/35131-india-bans-exports-of-de-oiled-rice-bran-after-white-rice-mint.md) | -13.3% | -14.1% |
| CORN | 2026-03-16 | [China Reins in Fertilizer Exports as War Pushes Up Global Prices - Bloomberg](https://feedsoft.ai/events/20096-china-reins-in-fertilizer-exports-as-war-pushes-up-global-prices-bloomberg.md) | +2.4% | -1.7% |

## Sources

- ainvest.com: https://www.ainvest.com/news/alto-ingredients-45z-outlook-revised-co2-strategy-refined-exports-delayed-2611/

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