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Farm Credit Mid-America
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The Andersons (ANDE) plunges 11.7% after $915m Harvestone deal despite record profit
The Andersons is acquiring Harvestone Low Carbon Partners for $915 million, expanding ethanol production capacity by more than 40% and adding carbon capture capabilities. Despite record third-quarter earnings, shares fell nearly 12% as investors confronted the transaction's debt financing and substantial dependence on clean fuel tax-credit economics.
November 5, 2026