The Andersons, Inc. (ANDE) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.419 Good morning, ladies and gentlemen. Welcome to the Andersons 2025 Fourth Quarter 00:00:05.419 -- 00:00:10.967 Earnings Conference Call. My name is Dave, and I will be your coordinator for today. 00:00:10.967 -- 00:00:15.454 At this time, all participants are in listen-only mode. 00:00:15.454 -- 00:00:19.280 Later, we will facilitate a question-and-answer session. 00:00:19.280 -- 00:00:24.227 To ask a question, you may press star, then 1 on a touch-tone phone. 00:00:24.227 -- 00:00:28.010 To withdraw your question, please press star and then 2. 00:00:28.010 -- 00:00:33.675 As a reminder, this conference is being recorded for playback purposes. 00:00:33.675 -- 00:00:37.659 I will now hand the presentation to your host for today, Mr. 00:00:37.659 -- 00:00:42.544 Mike Holter, Vice President, Corporate Controller, and Investor Relations. 00:00:42.544 -- 00:00:44.626 Please proceed. 00:00:44.626 -- 00:00:48.490 Good morning, everyone, and thank you for joining us for the Anderson's fourth quarter 00:00:48.490 -- 00:00:54.375 earnings call. We have provided a slide presentation that will enhance today's discussion. 00:00:54.375 -- 00:00:59.059 If you are viewing this presentation via the webcast, the slides and commentary will 00:00:59.059 -- 00:01:00.800 be in sync. 00:01:00.800 -- 00:01:05.385 This webcast is being recorded, and the recording and the supporting slides will be made 00:01:05.385 -- 00:01:09.669 available on the Investors page of our website shortly. 00:01:09.669 -- 00:01:14.814 Please direct your attention to the disclosure statement on slide 2, as well as the disclaimers 00:01:14.814 -- 00:01:18.578 in the press release related to forward-looking statements. 00:01:18.578 -- 00:01:23.623 Certain information discussed toda...