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Gevo reported third-quarter revenue of $83 million, adjusted EBITDA of $44 million and net income of $23 million. Results were driven by higher low-carbon ethanol production and pricing, plus growth in its carbon credit business.
Stronger pricing for low-carbon ethanol points to healthy margins in the ethanol segment, but the company-level result has little direct effect on corn or feed prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.