The World is Protein Short: Green Plains CEO Todd Becker

Green Plains, once an ethanol giant, is transforming into a high-tech agricultural company. The company is leveraging new technologies and strategic partnerships to extract valuable products from corn, targeting high-demand markets like protein, oils, and clean carbohydrates. CEO Todd Becker discusses the shift away from government-regulated markets to demand-driven ones, aiming for financial transformation by 2024. The company plans to scale its operations by 2023, focusing on profitability and market expansion.

What is the primary focus of Green Plains' transformation?

• Becoming a leading ethanol producer

• Focusing solely on renewable energy

• Transforming into a high-tech agricultural company

• Expanding into the automotive industry

Who did Green Plains partner with to acquire Fluid Quip Technologies?

• Osprey Management

• Archer Daniels Midland

• Dwight Anderson

• Novozymes

What are the three main markets Green Plains is targeting?

• Protein, oils, and sugars

• Real estate, finance, and healthcare

• Automobiles, electronics, and textiles

• Ethanol, biodiesel, and solar energy

What is the expected growth rate for global protein demand?

• 20 to 25 million tons per year

• 5 to 6 million tons per year

• 10 to 12 million tons per year

• 15 to 20 million tons per year

What is the expected timeline for Green Plains to complete its plant transformations?

• By the end of 2021

• By the end of 2022

• By the end of 2024

• By the end of 2023

How does Green Plains plan to increase protein purity?

• Through a partnership with Novozymes

• By using traditional farming methods

• By acquiring more ethanol plants

• By investing in solar energy

What is the anticipated impact of Green Plains' transformation on its financial dynamics?

• It will change the financial dynamics positively

• It will focus more on government subsidies

• It will remain the same

• It will lead to significant losses