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The Andersons reported 2016 net income of $11.6 million, or $0.41 per diluted share, with the Rail and Ethanol groups leading profits. The Grain Group lost $15.7 million for the year, and the Retail Group posted a $6.5 million impairment as it exits that business.
Company earnings reflect conditions in grain handling and ethanol, but the results carry little direct price impact for feed commodities.
news.andersonsinc.comFeb 15, 2017Not enough comparable past events yet for a historical read.
After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% 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.
