
The Andersons agreed to acquire Harvestone Low Carbon Partners from Energy Capital Partners for $915 million. HLCP owns three ethanol plants in North Dakota and Indiana with 215 million gallons of annual production, lifting The Andersons' ethanol capacity to about 730 million gallons.
Consolidation of ethanol capacity under a large grain merchant strengthens control over corn grind and DDGS output in the US Midwest. The deal is mainly a corporate transaction, so its direct effect on feed or grain prices is modest.
Not enough comparable past events yet for a historical read.
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.