FAS projects 2024-25 ending stocks at 22-year low

Company’s shares slide following announcement

Design improvements in performance, sanitation, insulation

Will initially produce 350,000 tonnes of feed per year

Departure set for Sept. 30

Has more than 25 years in leadership positions in Canadian agriculture

Competition Bureau concerned it would have ‘anti-competitive effects’

Investment of $4 million will expand northeast Kansas grain facility

Marquis plant in Wisconsin annually produces 100 million gallons of corn ethanol

Reached record volumes in 2023-24 due to high yields