Asset-based grain inventory saw limited basis appreciation during the quarter due to shifting market dynamics, though management expects positive changes in the coming quarter.The premium ingredients business achieved profitable growth through targeted investments in cleaning capabilities for CPG customers in the human and pet food sectors.Strategic positioning in fertilizer assets allowed the company to capture higher margins ahead of the spring planting season despite global supply disruptions.Renewables ...

BNSF Railway reported stronger first-quarter profits as higher volume and more efficient operations improved the railroad’s bottom line. Pre-tax income rose 13.5%, to $1.82 billion, as revenue increased 5%, to $5.92 billion, BNSF’s corporate parent, Berkshire Hathaway (NYSE: BRK-B), reported on Saturday morning. The railroad’s operating ratio improved 2.3 points to 65.6% as improved fuel efficiency and labor productivity more than offset higher fuel prices and wages. Overall volume increased 2.2% thanks ...