Greenshift Corporation (GERS)

[Slashnuts]

ANDE: "Corn Oil A Great Addition, Very Pleased"

Highlights from the ANDE Q112 CC...

4:30 "Reviewing additional expansion and acquisition opportunities."

6:10 "Corn plantings progress well ahead of averages. 71% is planted compared to 32% last year and the 47% 5 year average."

7:10 "The plants investments in corn oil, E-85, and Co2, have produced profitable coproducts that provide income even when the ethanol margins are not positive."

18:26 "We are pleased the ethanol group has remained profitable in the current ethanol margin environment as they continue to provide services for a fee and to sell coproducts such as DDG's, corn oil, E-85, and CO2."


Question and Answer Session

Question 22:50
"On corn oil, we've heard from a number of protein producers that taking out the corn oil has made it so that they're forced into using DDG's at a lower level than they have previously. Just wondering your thoughts on that and does the economics of corn oil more than offset potentially lower prices of DDG's as livestock producers use it less?"

Answer 22:18
"There are a number of different users of DDG's some of which are not impacted at all by the change in the corn oil extraction. 2nd, there are certain available fats that are more able to be controlled in the ingredients of the feed so there are some processors that actually like it extracted, they can control it a bit better with some other fat content. To answer the rest of your question we have not seen a decrease in DDG prices this year after we extracted the corn oil. So We've gone through all these different senerios and tested this with different end users and as of now this year our DDG prices are actually slightly higher than last year."

Question 27:50
"How much corn oil extraction has been implimented? Is it in your new facility yet and if not when do you think you'll put that in?"

Answer 28:00
"Corn oil is in place and operating at all three facilities and working fairly well. So we're very pleased with that it's been a great addition. Oh, I'm sorry, all four yes, Denison has a corn oil system as well that was already in place at the time of purchase so all four, yes."

Question 28:22
"Are you selling that corn in the spot market or are you hedging it forward?"

Answer 28:28
"The corn oil?
"Unh hunh"
"We've done some of both. We have a variety of interested parties in an off-take some of it to hedge some to sell forward, there's a variety of methods we use to do the best we can to lock in margins."


ANDE Q112 CC Link...
http://edge.media-server.com/m/p/7x8disdp/lan/en

The Andersons Oil Extraction Surged 435% YOY!


ANDE shipped 9.1 million pounds of corn oil in Q112 compared to 1.7 million in Q111. It's nice to see one of our largest customers ramping up while infringers still struggle with faulty/knock-off equipment from ICM.

"Our Ethanol business holds investments in the three ethanol production facilities. The business also offers facility operations, risk management, and ethanol, corn oil and distillers dried grains (“DDG”) marketing to the ethanol plants it operates as well as third parties."

"Corn oil pounds shipped for the quarters ended March 31, 2012 and 2011 were 9.1 million and 1.7 million, respectively. E-85 gallons shipped for the quarters ended March 31, 2012 and 2011 were 4.1 million and 2.9 million, respectively."

http://www.sec.gov/Archives/edgar/data/821026/000119312512222155/d322568d10q.htm


Good Luck To All!$!$!$!$