The lower quarterly profit for the company overall is due to the weaker results in the Food & Ingredients and Sugar & Bioenergy divisions.

Sales rise 29%.

Starch profit increases 23.4% on ethanol business.

Earnings supported by solid performance in grain and oilseeds processing, and animal nutrition.

The company invested $135 million, mainly targeting the improvement of existing assets.

Company on track to deliver full-year fiscal 2016 growth objectives.

CEO says company off to strong start with good progress to drive margin improvement.

Operating profit rose strongly in the starch segment thanks to the higher market prices for ethanol.

Revenue decreases 1.98%.

Challenging grains trade environment drops agricultural products earnings by 46%.