Kernel Holding, Ukraine's biggest grain exporter, said its grain exports from Ukraine fell 54 percent to 574,000 metric tons in the quarter to September, as Russian attacks on port infrastructure severely disrupted shipping, The Cattle Site reports, citing Reuters.
Throughput at its export terminals dropped 59 percent from a year earlier to 742,000 tons in the first quarter of its financial year. Operations were suspended at facilities damaged in attacks in July, and air-raid alerts repeatedly interrupted repairs. The company sent some exports through Danube ports and western land borders, but said lower capacity and higher costs meant those routes only partly made up for the loss.
Edible oil sales fell 48 percent to 165,000 tons, as port disruption effectively blocked shipments through the Black Sea for most of the quarter. The volume of oilseeds processed was broadly flat at 564,000 tons, though 13 percent below the previous quarter because of scheduled maintenance.
Kernel expects a net corn yield of 8.1 tons per hectare in its 2027 financial year, 13 percent lower than a year earlier, after heatwaves and too little rain hit one of its farming clusters. The estimate is based on the 28 percent of its corn harvested so far.
The report was written by Melanie Epp.
Photo: George Chernilevsky (Odesa Marine Trade Port) / Wikimedia Commons (Public domain)
Source: The Cattle Site
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