Commodity trader Xiamen C&D is in talks to import distillers grains from Brazil as China prepares to begin sourcing the protein-rich feed ingredient from the South American nation https://t.co/HF67wQ3hpM ...

Core Insights - The consolidated revenue of AB Akola Group for the first nine months of the 2024/2025 financial year exceeded EUR 1,165 million, a 3.59% increase year-over-year [1] - EBITDA for the same period reached EUR 71 million, marking a significant 34.83% increase compared to the previous year [1] - Net profit more than doubled to EUR 31.8 million, reflecting strong operational performance [1] Revenue and Profitability - The Group sold 2,417 thousand tons of products, a 2.81% increase from the previous year [2] - Gross profit for the nine-month period increased by 17.18% to EUR 130.33 million [3] - Operating profit rose by 46.80% to EUR 47.1 million [3] - The third quarter revenue amounted to EUR 404.2 million, a 3.96% increase from EUR 388.8 million in the same period last year [3] Segment Performance - The "Partnership with Farmers" segment generated revenue of EUR 851.7 million, accounting for 68.1% of total revenue, with a gross profit of EUR 65.4 million [5] - The "Food Production" segment, which represents 28.2% of total revenue, saw a significant increase in performance, with operating profit growing to EUR 24.985 million and gross profit increasing by 42% to EUR 57.5 million [8][9] - The poultry segment's gross profit surged by 92.9% to EUR 44.46 million, driven by favorable market conditions [10] - The "Farming" segment generated EUR 38.8 million in revenue, a 5% increase, with dairy farming performance improving significantly by 163% [13][14] Market Conditions - The agricultural machinery market has faced stagnation due to high loan interest rates and delayed support payments, but expectations of a good harvest are leading to increased activity in sales [7] - The Group's factories produced significantly more porridge and noodle packages, with total product sales volumes increasing by 23% year-on-year [12]

Core Viewpoint - Agricultural e-commerce platforms serve as a robust bridge connecting farmers and consumers, facilitating communication and transactions, and allowing regional agricultural products to reach households nationwide [1] Development Background - The widespread use of the internet and significant changes in consumer shopping habits have led to the emergence of agricultural e-commerce platforms, addressing previous challenges such as narrow sales channels and complex intermediaries that harmed farmers' interests [2] - E-commerce platforms enable direct delivery of agricultural products from production sites to consumers, significantly reducing supply chain steps and costs, while improving logistics capabilities due to enhanced rural infrastructure [2] Platform Model - The platform model is a widely adopted business form in the digital age, focusing on creating a multi-faceted interactive platform that integrates various resources to provide diverse services and value to different user groups [3] Current Operational Models - There are two main operational models in the agricultural e-commerce sector: comprehensive e-commerce platforms like Taobao and JD, which cater to a broad user base and diverse product offerings, and vertical platforms that focus on specialized agricultural products, emphasizing quality and brand building [5] Advantages for Farmers - Joining agricultural e-commerce platforms significantly expands farmers' sales regions, breaking traditional geographic barriers and increasing sales volume and income [6] - These platforms provide farmers with direct communication channels to understand market demands and consumer feedback, allowing for agile adjustments to their production and marketing strategies [6] Product Characteristics - Agricultural products sold on e-commerce platforms are characterized by freshness, greenness, and ecological quality, with many items sourced directly from farmers, reducing time from field to table and lowering costs for consumers [8] - The variety of products includes common staples and region-specific specialties, enhancing consumer choice and market reach [8] Logistics and Distribution - Logistics plays a crucial role in agricultural e-commerce, with cold chain logistics being widely used to maintain product quality during transport, thereby reducing losses and ensuring freshness [9] - Challenges remain in logistics costs and delivery limitations, particularly in remote areas, necessitating ongoing research and solutions from e-commerce platforms [9] Development Prospects - Agricultural e-commerce platforms have significant growth potential, driven by increasing consumer demand for healthy and green food, alongside heightened expectations for product quality and safety [11] - Future integration with agricultural industrialization, standardization of production, and the application of big data and AI technologies will enhance product quality and market competitiveness [11]

Forward-looking statements are made in accordance with safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations which involve a number of risks and uncertainties and do not relate strictly to historical or current facts, but rather to plans and objectives for future operations. These statements include words such as "anticipate," "believe," "continue," "estimate," "expect," "intend," "outlook," "plan," "predict," "may," "could," "shou ...

Q1 2025 Earnings Results Review May 7, 2025 Forward-Looking Statements • Today's presentation includes forward-looking statements that reflect Bunge's current views with respect to future events, financial performance and industry conditions. • These forward-looking statements are subject to various risks and uncertainties. Bunge has provided additional information in its reports on file with the Securities and Exchange Commission concerning factors that could cause actual results to differ materially from ...

Core Insights - OÜ EG Biofond signed an investment agreement to acquire a 96.6% shareholding in OÜ Estonia Farmid, with a 3.4% shareholding retained by its subsidiary Osaühing Estonia, pending approval from the Competition Authority [1] - Estonia Farmid OÜ manages three agricultural companies and operates 9,400 hectares of arable land, employing nearly 150 people [1] - The dairy farms under Estonia Farmid OÜ have a total of 2,640 dairy cows, with an average milk production of 13,300 kilograms per cow annually, and the company also produces 27,000 tons of grains and rapeseed per year [1] Company Overview - Infortar is a prominent group in Estonia, operating in seven countries with activities in maritime transport, energy, real estate, and agriculture, among others [6] - Infortar holds a 68.47% stake in Tallink Grupp and a 100% stake in Elenger Grupp, with a real estate portfolio of approximately 141,000 m² [6] - The group consists of 110 companies, employing 6,228 people, and has expanded its presence across agriculture, industry, and services [3][6] Industry Context - The agricultural sector, particularly dairy production, is highlighted as a competitive area for Estonia, with fertile farmland contributing to high-quality milk production [2] - The dairy industry is considered a key pillar of Estonia's economy, alongside timber and minerals [2]