The Andersons, Inc. is a North American agriculture and renewable fuels company that operates through two main segments: Agribusiness and Renewables. The Agribusiness segment merchandises and ships whole grains, grain products, and feed ingredients domestically and internationally; manufactures and distributes agricultural nutrients and fertilizers; and operates grain elevators across the United States and Canada that generate revenue through basis appreciation, futures spreads, and storage fees. The Renewables segment produces and sells ethanol and co-products, operating ethanol plants with combined capacity to serve industrial biofuel markets. The company serves agricultural producers, end users, and commodity markets while managing price risk through futures and options contracts, and competes primarily on the basis of price, service, and reliability in local and regional markets.