Darling Ingredients reported third-quarter net income of $267 million, up sharply from $19 million a year earlier, with sales rising to $1.8 billion. The company reduced net debt by about $420 million and highlighted improving Diamond Green Diesel conditions.
Darling is a major renderer and producer of fats and proteins, so its results signal healthy demand for animal fats and meal and firm renewable diesel margins. The company-specific earnings news has limited direct effect on feed commodity prices.
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