Commodity Trading
Record interim results from Wynnstay
The Wynnstay Group has reported a record set of interim results, with profitability and revenues supported by strong farmgate prices in the period plus significant one-off gains from its fertiliser blending activities. The Group has...
Seasonally strong Q3 for Origin Enterprises
Origin Enterprises, the Dublin-based agronomy services group that includes Agrii and Origin Fertilisers, has reported strong sales for the quarter ended April 30th 2022. A Group trading update reports a year-on-year revenue increase...
Softer palm oil values reduce rapeseed prices
A weakening palm oil market has pulled some of the support from rapeseed values, despite continuing tight supplies. With Indonesian exports now expected to surge, palm oil has fallen sharply from its recent highs. At the same time,...
AB Agri 10% ahead at Q3
A third quarter update from Associated British Foods reports that its Agriculture division, AB Agri, is trading well in the current environment. In the three weeks to May 28th 2022, the division saw revenues rise 10% year-on year to...
Cargill to close Hull oilseed crushing plant
Cargill has announced the closure of one of its two UK rapeseed crushing mills by the end of December this year. Ceasing operations at Hull will leave it with just the Liverpool facility. The multinational has operated the Isis Oil...
Sanderson Weatherall acquires UCPE
The Sanderson Weatherall (SW) group of property to auctioneering businesses has acquired Used Cereal Processing Equipment, now trading as UCPE.com, for an undisclosed amount. The move consolidates the used primary crop processing...