# Green Plains (GPRE) Q3 2026 Earnings Call Transcript

> Green Plains reported third-quarter adjusted EBITDA of $118 million and net income of $85.4 million, with platform utilization at 95% across eight plants. Section 45Z tax credits contributed $65.4 million, while ethanol sales were 174.9 million gallons, down from 197.3 million a year earlier.

- Date: 2026-11-09 · published 2026-11-09T15:19:56.688Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/89792-green-plains-gpre-q3-2026-earnings-call-transcript
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The tax credits materially supported the company’s earnings and could encourage continued investment in low-carbon fuel production. Recovering plant utilization supports corn processing demand, though lower year-on-year ethanol sales limit the signal for feedstock prices.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-04-29 | [US soybean futures fall on trade concerns, US planting pace](https://feedsoft.ai/events/11801-us-soybean-futures-fall-on-trade-concerns-us-planting-pace.md) | -3.7% | -1.3% |
| CORN | 2023-03-31 | [Ag groups lay out farm bill concerns - High Plains Journal](https://feedsoft.ai/events/36854-ag-groups-lay-out-farm-bill-concerns-high-plains-journal.md) | -1.2% | -2.1% |
| CORN | 2024-12-21 | [Mexican president confident Congress will ban planting GM corn in 2025 \| Reuters](https://feedsoft.ai/events/26959-mexican-president-confident-congress-will-ban-planting-gm-corn-in-2025-reuters.md) | +0.5% | +6.9% |
| CORN | 2020-03-27 | [Biofuels industry tackling challenges \| 2020-03-27  \| World Grain](https://feedsoft.ai/events/54136-biofuels-industry-tackling-challenges-2020-03-27-world-grain.md) | +3.7% | -4.4% |
| CORN | 2018-09-24 | [Analyzing a 1-cent MFP corn payment - High Plains Journal](https://feedsoft.ai/events/63099-analyzing-a-1-cent-mfp-corn-payment-high-plains-journal.md) | +0.7% | +2.6% |

## Sources

- fool.com: https://www.fool.com/earnings/call-transcripts/2026/11/09/green-plains-gpre-q3-2026-earnings-call-transcript/

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