SDSP FY2024 net income $20.3M ($0.67/unit); CEO cites industry headwinds from renewable fuel margin drop

SOUTH DAKOTA SOYBEAN PROCESSORS LLC

Revenue $554.4M, gross profit $29.4M, net income attributable to company $20.3M.
EPS $0.67 per capital unit; Q4 average trading price $8.95 per unit.
CEO cites 2024 industry headwinds: overproduction of renewable diesel, record UCO imports, 45Z tax credit uncertainty.
High Plains Processing facility on schedule for startup in fall 2025; 350 tradespeople on site.
Exploring USDA grant for climate-smart soybeans; gives per-acre incentives for sustainable practices.

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