Grain export shipment by Kernel upsized 30%

In 9M FY2020, Kernel increased grain export volumes from Ukraine by 30% y-o-y, to 6.04 mln t.

In Q3 FY2020, Kernel increased grain export volumes from Ukraine by 41% y-o-y, to 2.2 million tons, of which 35% was produced by company’s farming division, and the remaining was originated from external suppliers.

Export terminal throughput volumes in Ukraine reached 1.9 mln t in the reporting period, up 66% y-o-y, on the back of strong grain export volumes from Ukraine and increased contribution from new TransGrainTerminal, the report reads.

The company's silo in-take volumes reached 4.1 mln t over 9 months of FY2020, 2% down y-o-y.

The volumes of grain and oilseeds received in inland silos were cut by 65% to 124.54 thou. t in Q3 FY2020.

Previously reported that Kernel reduced sunflower oil sales in 9M FY2020 by 12% to 1.03 mln t (9M FY2020: 1.17 mln t).