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Agroholding Kernel began processing soybeans at three plants from October to December because of a shortage of sunflower seed. Its first-quarter FY2025 oilseed processing rose 12% to 684 thousand tonnes, while edible oil sales fell 31%.
The company expects a 12.2 million tonne sunflower harvest, and its EBITDA margin per tonne fell to $136 from $171.
Large crushers switching to soybeans add soybean oil and meal demand, while tight seed supply squeezes processing margins across Ukraine.
en.usm.mediaNinaDec 20, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
