OMAHA, Neb.--(BUSINESS WIRE)--Green Plains today announced the launch of Farm Forward, a new initiative designed to turn policy innovation into farmer opportunity.
Recent biofuels policy developments have created new opportunities to recognize qualifying farming practices and the role they play in producing lower carbon intensity feedstocks. Farm Forward provides a framework for participating farmers to share in the value created through regenerative agriculture practices while supporting and strengthening rural communities. Participating growers may be eligible to earn premiums ranging from $0.05 to $0.25 per qualifying bushel, with five performance bands designed to create multiple opportunities to maximize value returned to producers.
“Farmers should have the opportunity to share in the value they help create,” said Chris Osowski, President and Chief Executive Officer of Green Plains. “Farm Forward connects that opportunity directly to farmers while helping us lower the carbon intensity of our feedstocks, increase the value generated through 45Z and strengthen the long-term value of our platform.”
Farm Forward is designed to help participating growers document qualifying practices and share in the resulting value, while helping Green Plains capture additional value from the production of lower carbon intensity fuels. The program will initially be offered at Green Plains’ three Nebraska locations, with the potential to expand to other locations as the program develops.
“Farmers have always been the best stewards of the land,” said Ann Reis, Chief Financial Officer of Green Plains. “Season after season, they make decisions that strengthen their operations, improve productivity and support soil health. Farm Forward connects those efforts to new opportunities created through policy and innovation, creating additional value for participating farmers.”
About Green Plains Inc.
Green Plains Inc. (NASDAQ: GPRE) is a leading producer of low-carbon biofuels and value-added products. The company operates a disciplined, performance-driven platform focused on maximizing yield, lowering carbon intensity, and delivering value to stakeholders. Built at scale and designed to perform across market conditions, Green Plains is focused on delivering consistent performance through operational excellence and disciplined execution.
For more information, visit www.gpreinc.com.