South Dakota Soybean Processors Q2 FY26 returns to profit of $23.72 million; revenue rises 195.5% to $326.92 million
Reuters2026/08/12 18:35Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- South Dakota Soybean Processors posted net income of $19.47 million for the six months ended June 30, 2026, up 472.6%.
- Revenue rose 141.7% to $552.45 million over the same period, driven by higher processing volumes and higher soybean oil prices.
- Gross profit climbed 399.43% to $30.86 million, lifting gross margin by 2.9 percentage points to 5.6%.
- Second-quarter net income attributable to the company swung to a profit of $23.72 million on revenue that more than doubled to $326.92 million.
- Management expects constructive processing margins into 2027, citing renewable fuel demand, while flagging tight soybean supplies and meal marketing challenges.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South Dakota Soybean Processors LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001163609-26-000023), on August 12, 2026, and is solely responsible for the information contained therein.
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