The Andersons Posts Larger 1Q Loss

The Andersons Inc. reported a first-quarter loss of $14 million up from the year-ago loss of $1.7 million citing trade disruptions and poor weather impacting multiple businesses. The Plant Nutrient Group reported a pretax loss of $3.9 million on delayed primary and specialty nutrient sales and lower lawn and contract manufacturing results versus the positive year-ago $1.1 million.