Greenfield Global Inc. has reached an agreement with Central Farm Service (CFS) for the supply of corn to its newly acquired ethanol plant in Winnebago, MN.
Greenfield acquired the Winnebago plant at the end of last year and will be ready to start the production of renewable ethanol as early as the fall of this year. The Winnebago plant has a production capacity of 48 million gallons/year which mainly serves the low-carbon fuel marketplace.
CFS has 17 grain locations in southern Minnesota and northern Iowa. The CFS grain team includes 10 grain marketing advisers who utilize specialized tools and information to help farmers formulate effective grain marketing plans. CFS offers daily market commentary, a variety of grain marketing contracts, online grain marketing and online account information.
The partnership between Greenfield and CFS also includes an offtake agreement for dried distillers grain products (DDGS) produced by Greenfield. DDGS, a co-product of the ethanol production process, are an excellent source of energy and a highly nutritious animal feed.
CFS will begin buying corn immediately for harvest and beyond for delivery to the Greenfield plant in Winnebago.
About Greenfield Global Inc.
Greenfield is is the largest ethanol producer in Canada and owns and operates four ethanol distilleries, five specialty chemical manufacturing and packaging plants and three next-generation biofuel and renewable energy R&D centers in Canada and the United States.
About Central Farm Services (CFS)
Central Farm Service (CFS) is committed to sustainability and the cooperative way of doing business. Its members own the company, guide the decision-making process, and share the benefits that come from working together. Headquartered in Truman, MN, it serves more than 4,000 producers in southern Minnesota and northern Iowa.
