Red Trail Energy, LLC Declares Distribution, Payable on February 2018
January 25, 2018 at 08:37 pm
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Red Trail Energy, LLC announced that on January 24, 2018, the board of directors declared a distribution of $0.07 per membership unit for members of record as of January 24, 2018. The total amount of the distribution was $2,902,643.80. The company anticipates paying the distribution in February 2018.
Red Trail Energy, LLC owns and operates a 50-million-gallon annual name-plate production ethanol plant near Richardton, North Dakota. The principal products that the Company produces are ethanol, distillers grains, and corn oil. Ethanol is ethyl alcohol, a fuel component made primarily from corn and various other grains, which can be used as an octane enhancer in fuels; an oxygenated fuel additive for the purpose of reducing ozone and carbon monoxide vehicle emissions, and a non-petroleum-based gasoline substitute. It produces two forms of distillers grains: distillers dried grains and modified distillers grains. Modified distillers grains is processed corn mash that has been dried to approximately 50% moisture which has a shelf life of approximately seven days. Distillers dried grains is processed corn mash that has been dried to approximately 10% moisture. The primary uses of the corn oil that the Company produces are for animal feed, industrial uses, and biodiesel production.
RED TRAIL ENERGY, LLC 
