# Green Plains Inc (GPRE) (Q3 2026) Earnings Call Highlights: Record EBITDA, 45Z Tax Credit ...

> Green Plains reported record adjusted EBITDA of $118 million in the third quarter of 2026, more than double the year-earlier result, supported by strong operations and 45Z clean-fuel tax credits. The company said utilization recovered to about 95%, ethanol and corn-oil yields reached records, and it arranged to monetize 2026 tax-credit receivables; it also reported lower revenue and weaker initial fourth-quarter margins.

- Date: 2026-11-07 · published 2026-11-07T18:15:20.498Z
- Category: policy · region United States · magnitude low
- Page: https://feedsoft.ai/events/86326-green-plains-inc-gpre-q3-2026-earnings-call-highlights-record-ebitda-45z-tax
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The 45Z credits improve the economics of low-carbon fuel production and could support ethanol output and corn demand. That is a supportive signal for corn, although seasonal demand weakness and softer fourth-quarter margins temper the outlook.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-29 | [Grain Highlights 29.11.2024](https://feedsoft.ai/events/14255-grain-highlights-29-11-2024.md) | +1.1% | +6.9% |
| CORN | 2024-08-05 | [US Sen. Marshall leads letter calling for domestic feedstocks only in 45Z biofuel tax credit](https://feedsoft.ai/events/15194-us-sen-marshall-leads-letter-calling-for-domestic-feedstocks-only-in-45z.md) | -1.7% | -1.5% |
| CORN | 2020-08-31 | [Grain export 2020/21: downward trend in all grains — Latifundist.com](https://feedsoft.ai/events/51466-grain-export-2020-21-downward-trend-in-all-grains-latifundist-com.md) | +0.2% | +5.4% |
| CORN | 2022-11-29 | [Removal of China’s domestic price trade barriers could increase China’s imports of agricultural commodities - High Plains Journal](https://feedsoft.ai/events/14880-removal-of-china-s-domestic-price-trade-barriers-could-increase-china-s-imports.md) | -3.8% | +0.6% |
| CORN | 2025-12-17 | [Reflecting on 2025 policy wins as we prepare for 2026 - Texas Corn Producers](https://feedsoft.ai/events/21475-reflecting-on-2025-policy-wins-as-we-prepare-for-2026-texas-corn-producers.md) | +1.1% | -3.0% |

## Sources

- ca.investing.com: https://ca.investing.com/news/company-news/green-plains-inc-gpre-q3-2026-earnings-call-highlights-record-ebitda-45z-tax-credit--4941098

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