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The Andersons reported a first-quarter 2018 loss of $1.7 million, narrower than the $3.1 million loss a year earlier, with revenue down 25% to $636 million. Management said its Grain and Ethanol groups both improved year over year, and that it reached a $20 million cost-savings goal a year early.
Improved ethanol and grain-group results point to steadier processing margins and demand for corn and feedstock at a major US handler. The effect on feed prices is limited.
world-grain.comHolly Demaree-SaddlerMay 9, 2018After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
