The Andersons reports improved profits for Q3

Grain Group performance boosts financial results for third quarter.

The Andersons Inc. reported this week that net income for the third quarter was $1.7 million, or 6 cents per diluted share. This represents a $2.9 million improvement compared to the net loss of $1.2 million in the same period in 2015, the company said.

"Conditions are improving for our Grain Group, and margins are strong for the Ethanol Group, but challenges persist with our Plant Nutrient Group facing weak margins and our Rail Group continuing to experience softening in utilizati

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