Legumex Walker reported improving demand for its special crops and good construction progress on its canola crushing plant in Washington state in its second quarter financial report.
The company, created last year from a merger of Roy Legumex and Walker Seeds, posted net earnings of $300,000 in the three months ending June 30, up from a loss of $1.8 million in the first fiscal quarter.
Revenue in the quarter was $68.5 million, up from $65.8 million in the first quarter.
Chief executive officer Joel Horn said the political turmoil and problems with access to credit that hurt special crop demand in the recent quarter is starting to improve.
He also said construction of the Pacific Coast Canola crush plant is on schedule with start up expected in the first quarter of 2013.
