Articles Tagged with ''COVID-19''

Ethanol Margins Improve, But Still Too Much Capacity

The COVID-19 outbreak exacerbated headwinds the ethanol industry was already grappling with, which included reduced gasoline consumption and softening exports. A recent report from CoBank indicates the ethanol industry currently has excess capacity of 1 billion gallons and this is expected to increase to 2.4 billion gallons in 2021.
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dealer optimism Jan-May 2020

Dealer Optimism Index Turns Positive in June Survey

According to the latest Dealer Sentiments & Business Conditions update, our Dealer Optimism Index, which measures sentiment among dealers compared to the prior month, turned positive after dropping in March. Sentiment rose to 9% in May (34% more optimistic, 41% in line and 25% less optimistic) from –40% in the previous month.
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Lindsay Corp. Reports 3Q20 Total Revenue Up 1.7%

Revenues for the third quarter of fiscal 2020 were $123.1 million, an increase of $2.1 million, or 2%, compared to revenues of $121.1 million in the prior year third quarter. Net earnings for the quarter were $10.1 million compared with net earnings of $2.9 million for the prior year third quarter.
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