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FutureFuel reported Q3 revenue of $104.7 million, up from $22.7 million, driven by biofuel sales that reached their highest utilization in over two years. Gross losses in the biofuel segment widened on elevated feedstock costs, and the company has booked over 90% of Q4 biodiesel capacity.
Strong biodiesel bookings support soybean oil demand, while high soybean oil and feedstock costs squeeze biodiesel margins, which is relevant to the soy complex's oil-share economics.
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.