Green Plains Renewable Energy Inc. (GPRE) Monday said it completed the sale of 12 grain elevators located in northwestern Iowa and western Tennessee to Andersons Inc. (ANDE). Green Plains expects to report a pre-tax gain in the fourth quarter of about $46 million.
The sale included about 32.6 million bushels of the company's reported agribusiness grain storage capacity and all of its agronomy and retail petroleum operations.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.