biorefining company green plains inc in its first quarter results said it sees stronger results with an improving fuel ethanol environment and strong renewable corn oil pricing ceo todd becker on first quarter results and outlook the consolidated crush margin in the first quarter was largely driven by industry overproduction and excess inventories of ethanol rail shipping delays at our plants as well as forward sales of distillers grains in a rising market said todd becker president and chief executive officer with a return to higher run rates an improving fuel ethanol environment strong renewable corn oil pricing and ongoing increases in protein economics we believe we are on track to deliver stronger results going forward as we begin to see the benefit of our modernization and transformation programs across the platform