# Sunjin's growth engine sputters: feed and livestock eat into profitability

> Sunjin, a Korean integrated livestock and food company, reported third-quarter cumulative revenue up 11.2% to 1.4268 trillion won, while operating profit fell 5.5% to 113 billion won. Its feed and livestock segment saw revenue rise 14.7% but operating profit drop 16.3%, with margin falling to 7.4%.

- Date: 2026-11-13 · published 2026-11-14T01:37:51.221Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/98787-sunjin-s-growth-engine-sputters-feed-and-livestock-eat-into-profitability
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Raw material costs rose, with corn purchase prices up 5.7%, wheat up 3.2% and live hog costs up 3.4%, while soymeal fell 4.2%. Higher corn and wheat costs squeeze feed margins for integrated producers, and weaker livestock margins can reduce feed demand.

## Read by commodity

- SBM: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- ebn.co.kr: https://www.ebn.co.kr/news/articleView.html?idxno=1731558

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.