you, Good morning Thank Stuart. everyone.
to I struggled the of calls, a previous company expected adequate fallen facility South yields, the supply where of problems expected regarding challenging NuGen the in our two has at continued of The in our obtain of the uncertainty has Dakota production delays delayed has planting As year. number a corn corn environment off to throughout due mentioned harvest. in levels. which issues an corn, faced We historical weather-related and
this ethanol quarter almost to seven at due quarter fourth availability, of because to in segment The XXXX production in including fiscal continues only be Our and of of corn largely was October. experienced the loss in no interrupted happened that other a plant in drought XXXX. the years ago. we Thus time operation this the third was
gallons huge during already dispute. a package we X.X dashboard exemption. required deliver received quotations trade XXXX These EPA are compliance trade XX updated refinery doubled to the On its dispute XXXX, have because billion a since ethanol granted refinery the reducing XXXX small are Fuel totaling the EPA EPA Standard. approved to uncertainty contrary of Renewable September. of refineries under quotations industry and continued Fuel promise online The The that, has from has These X.X XX of small year. experiencing waiver obligations gallons. exemption for for Trump's the and the in Standard EPA XXXX small exemptions the waivers Renewable President's to Recently, by the of the billion top effectively
industry as the any did receive not other USDA subsidies know, ethanol As you agencies. federal payments any from or all
As ethanol the the X.X period far importers. three export gallons. year, export concern about X.XX during and during to very of ethanol months a billion XXXX, export, X.X gallons the gallons to year. healthy Brazil, billion fell top first last as same were nine billion compared India Canada, Last was
X.X expected ethanol their supply concern year fuel expect stock week their ended We The air countries the the trade last million according Ethanol to stock barrels drew disputes ethanol uncertainty. XX to or November now XX.X% XXX,XXX last to ending the the X.X barrels EIA data same will resolved, the are will stock That's about over begin for increase this week three of XX. million as barrels. are released into when the billion to growing November drop gallons more ethanol just compared because last is If blend weeks due off and on export to to almost year. of down XX.XXX quality. continued week trade export ethanol
the year are are up all of market allow the the state but fuel approve still to we on fourth waiting that opening around. to the latest We New blend in California becomes largest EXX the USA, sale pleased York
of export about to first tons metric of X.X% X.X tons to dropped according grain fell U.S. the reduction reduction tons, to As September far the to a X.X August. XXXX, USDA. in distiller X% export the XX,XXX nine metric in in in of about tons That's of the compared concern metric approximately as approximately grain, first metric million distiller X,XXX,XXX the million nine XXXX, months months
metric XXX% trading reduced were the it September Japan. remain top XXX% metric is bought metric in Vietnam, of the tariff the XXXX. XXX,XXX importers from of Korea unless or five in above buyer. approximately near country X% same was is Mexico However, currently believe will We the that DDG tons, September eliminated. tons August. in the DDG bought The tons South future was DDG X,XXX,XXX market value. and Mexico, at in China XX% the corn exported to about The approximately XXX,XXX down top the Turkey,
USDA. corn the yield Because million bushels down about are XX were not used consumption bushels of the export estimated many to ethanol each. million more each be for yield and were or floods, of planting is XX XX.XX and forecast is delayed approximately Corn is late corn at bushels Due per the as to acre. and USDA according the projected crop heavy feed planting billion far or XXX concern domestic of bushels X.XX bushels harvested. billion corn estimated acres November left for As about the one X corn of to expected XXXX carryout and bushels billion corn XXXX The report. and season to XX season, corn, planted according to and approximately be rain all. to million were planted is down about delayed was very acres it Farmers
As mentioned we previously, in supply obtain have struggled adequate of to Dakota. corn South I
kind have draught XXXX. not situation of the year during this the XX seen We last including years, of
harvest completed. supply crush Stuart some until I is increased margin the harvest the the the improvements as stress also seen have the into and in We during corn of caution has mentioned harvest but earlier,
any expenses to nine of our $X far expenses. maintenance We as fourth approximately during As during capital consolidated capital about quarter, months, plant. expenses the made ethanol we million the last at excluding $X.X concern expenses, the million million total of capital estimate $X
mentioned it small have corn a was the this of profitable challenging of recent But face year. as at and very currently We problem, floods, Stuart we corn lack expect faced the fourth summary, production more quarter crush NuGen the continues we provided In at refineries be time exemption the this and no we shortage. improvement earlier throughout interruption environment disputes. trade operating because and spend in seen logistic margin to plant, for
will to Stuart. any Thanks give floor Rose back Now additional I Stuart for comments. the
