Sees FY23 CapEx $1.5B. Says well-positioned for sustainable growth. Says U.S. results in Q3 lower due to shift of export demand to Brazil. Says crop export volumes curbed by low river levels. Says “still constructive” on ethanol margins amid “solid” U.S. demand. Expects stronger U.S. ethanol exports on limited Brazil supplies. Says “healthy liquidity, balance sheet very strong.” Comments taken from Q3 earnings conference call.
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