World Grain -- December 2015 - 14
NEWSREVIEW
Wilmar's oilseed, grain segment earnings surge
SINGAPORE - Wilmar International Limited reported on Nov.
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the same quarter a year earlier.
The company said the growth was driven by higher volume and better
margins for the soybean crushing and consumer products businesses.
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segment grew 127.7% to $525.6 million. The sales volume for the
Oilseeds and Grains business segment increased by 1.6 million
tonnes to 8 million tonnes in the third quarter and to 21.3 million
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³7KHJURXSH[SHFWVSHUIRUPDQFHRIWKH2LOVHHGV *UDLQVVHJ-
ment to remain satisfactory," said Kuok Khoon Hong, chairman
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the same period as last year.
Sales were also down 7.6% to $10.6 billion from $11.5 billion. Revenue for the third quarter were low due to commodity prices, Wilmar
said.
Also during the period, regional currencies such as the Malaysian Ringgit, Indonesian Rupiah and Chinese Renminbi depreFLDWHG VLJQL¿FDQWO\ EXW WKH FRPSDQ\ GLG QRW VXIIHU IRUHLJQ H[change losses due to effective hedging.
Ardent Mills stake to stay with ConAgra Brands
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Ardent Mills owned by ConAgra Foods, Inc. will be part of ConAgra
Brands rather than Lamb Weston as part of the planned split of
ConAgra Foods into two separate publicly traded companies.
ConAgra Foods is planning to break up the company into two independent, publicly traded businesses - one to be called ConAgra
Brands and to be made up of the ConAgra Foods' consumer brands
business, and the other to be named Lamb Weston, including ConAgra
Foods' frozen potato assets.
During a conference call with investment analysts Nov. 18, Sean
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Inc., discussed plans for ConAgra's milling company stake. Ardent
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"ConAgra Brands will also include several businesses that have
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food service business, currently part of our Commercial Foods segment; and select private label operations we're retaining in the pending sale of private brands," he said. "ConAgra Brands will also retain
SpiceTec Flavors & Seasonings, JM Swank, and the interest in our
Ardent Mills joint venture."
Connolly said the decision to split ConAgra into two publicly traded companies was consistent with his earlier statements declaring
the company would consider all options in staking out a path toward
improved investment returns for shareholders.
Noble Agri reports loss in quarter
HONG KONG, CHINA - Noble Group's Corporate & Others segment, which includes Noble Agri Limited (NAL), reported on Nov.
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same period of last year..
Noble Agri has continued to operate at a loss in the nine months
ended Sept. 30, as it has continued to be impacted by lower sugar
prices. The latest quarter also saw rain impacting the ramp up of the
seasonal harvest and lowering sugar yields.
The market recovered rapidly in recent weeks after the quarter end
to trade in and around 15¢ a pound, and with increased demand for
domestic ethanol coming through, sentiment regarding the medium-
term outlook may have improved, Noble said. Domestic Brazilian
prices for both hydrous and anhydrous ethanol have recovered in Sao
Paulo state by 30% since September.
Current pricing structures are already having an impact on the
PLOOV¶¿QDQFLDOSHUIRUPDQFHDQGFRXOGHQVXUH±RQH[LVWLQJIRUHFDVWV
DOORWKHUWKLQJVEHLQJHTXDO±WKHPLOOVJHQHUDWLQJVLJQL¿FDQWO\LPproved results in 2016.
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the third quarter, down 83.9% from $153.9 million. Sales were
also down from $23.3 billion to $18.6 billion in the same quarter
of last year.
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December 2015 / World Grain / www.World-Grain.com
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World Grain -- December 2015
Table of Contents for the Digital Edition of World Grain -- December 2015
World Grain -- December 2015
Table of Contents
From the Editor-in-chief - Milling differs from Warren Buffett
Calendar of Events
Second Oilseed Congress scheduled for Feb. 9-10
News Review - Tiger pulls financial support from Dangote Flour Mills
European Parliament rejects national GMO bans
Olam 3Q operational earnings up
Wilmar’s oilseed, grain segment earnings surge
Ardent Mills stake to stay with ConAgra Brands
Noble Agri reports loss in quarter
The Andersons reports loss on Grain Group decline
IGP Institute names interim associate director
Cargill’s new South Korean feed mill is its largest in the world
ADM opens two plants in China
GSFMO privatizes its flour mills
GrainCorp 2015 earnings down
Tiger Brands year-end earnings offset by international operations
Cargill makes executive leadership changes
Glencore agricultural production up
Grain Market Review - Oilseeds
Country Focus - Spain
Feature - Going from margin to mainstream
Feature - Record Turnout in Dubai
Feature - IAOM takes show to Indonesia
Feature - Indonesia's milling giant may expand
Indonesia in numbers
Feature - An end to the bear market?
Feature - Big turnout expected for IPPE 2016
Feature - Shaping the global feed industry
Feed Operations - Bucket elevator selection and installation tips
Supplier News
Product Showcase
World Grain Archive
Ad Index/Reader Information Form International Faxback Program
World Grain -- December 2015 - World Grain -- December 2015
World Grain -- December 2015 - 2
World Grain -- December 2015 - 3
World Grain -- December 2015 - 4
World Grain -- December 2015 - Table of Contents
World Grain -- December 2015 - 6
World Grain -- December 2015 - 7
World Grain -- December 2015 - From the Editor-in-chief - Milling differs from Warren Buffett
World Grain -- December 2015 - 9
World Grain -- December 2015 - Second Oilseed Congress scheduled for Feb. 9-10
World Grain -- December 2015 - 11
World Grain -- December 2015 - European Parliament rejects national GMO bans
World Grain -- December 2015 - Olam 3Q operational earnings up
World Grain -- December 2015 - Noble Agri reports loss in quarter
World Grain -- December 2015 - IGP Institute names interim associate director
World Grain -- December 2015 - ADM opens two plants in China
World Grain -- December 2015 - GrainCorp 2015 earnings down
World Grain -- December 2015 - Tiger Brands year-end earnings offset by international operations
World Grain -- December 2015 - Glencore agricultural production up
World Grain -- December 2015 - Grain Market Review - Oilseeds
World Grain -- December 2015 - 21
World Grain -- December 2015 - Country Focus - Spain
World Grain -- December 2015 - 23
World Grain -- December 2015 - 24
World Grain -- December 2015 - 25
World Grain -- December 2015 - Feature - Going from margin to mainstream
World Grain -- December 2015 - 27
World Grain -- December 2015 - 28
World Grain -- December 2015 - 29
World Grain -- December 2015 - 30
World Grain -- December 2015 - 31
World Grain -- December 2015 - Feature - Record Turnout in Dubai
World Grain -- December 2015 - 33
World Grain -- December 2015 - 34
World Grain -- December 2015 - 35
World Grain -- December 2015 - 36
World Grain -- December 2015 - 37
World Grain -- December 2015 - 38
World Grain -- December 2015 - 39
World Grain -- December 2015 - 40
World Grain -- December 2015 - 41
World Grain -- December 2015 - Feature - IAOM takes show to Indonesia
World Grain -- December 2015 - 43
World Grain -- December 2015 - 44
World Grain -- December 2015 - 45
World Grain -- December 2015 - 46
World Grain -- December 2015 - 47
World Grain -- December 2015 - Feature - Indonesia's milling giant may expand
World Grain -- December 2015 - 49
World Grain -- December 2015 - 50
World Grain -- December 2015 - 51
World Grain -- December 2015 - Indonesia in numbers
World Grain -- December 2015 - 53
World Grain -- December 2015 - Feature - An end to the bear market?
World Grain -- December 2015 - 55
World Grain -- December 2015 - 56
World Grain -- December 2015 - 57
World Grain -- December 2015 - 58
World Grain -- December 2015 - 59
World Grain -- December 2015 - Feature - Big turnout expected for IPPE 2016
World Grain -- December 2015 - 61
World Grain -- December 2015 - 62
World Grain -- December 2015 - 63
World Grain -- December 2015 - 64
World Grain -- December 2015 - 65
World Grain -- December 2015 - 66
World Grain -- December 2015 - 67
World Grain -- December 2015 - Feature - Shaping the global feed industry
World Grain -- December 2015 - 69
World Grain -- December 2015 - 70
World Grain -- December 2015 - 71
World Grain -- December 2015 - 72
World Grain -- December 2015 - 73
World Grain -- December 2015 - Feed Operations - Bucket elevator selection and installation tips
World Grain -- December 2015 - 75
World Grain -- December 2015 - 76
World Grain -- December 2015 - 77
World Grain -- December 2015 - 78
World Grain -- December 2015 - 79
World Grain -- December 2015 - 80
World Grain -- December 2015 - 81
World Grain -- December 2015 - Supplier News
World Grain -- December 2015 - 83
World Grain -- December 2015 - 84
World Grain -- December 2015 - 85
World Grain -- December 2015 - Product Showcase
World Grain -- December 2015 - 87
World Grain -- December 2015 - 88
World Grain -- December 2015 - World Grain Archive
World Grain -- December 2015 - Ad Index/Reader Information Form International Faxback Program
World Grain -- December 2015 - 91
World Grain -- December 2015 - 92
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http://digital.world-grain.com/sosland/wg/2006_11_01
http://digital.world-grain.com/sosland/wg/2006_10_01
http://digital.world-grain.com/sosland/wg/2006_09_01
http://digital.world-grain.com/sosland/wg/2006_08_01
http://digital.world-grain.com/sosland/wg/2006_07_01
http://digital.world-grain.com/sosland/wg/2006_06_01
http://digital.world-grain.com/sosland/wg/2006_05_01
http://digital.world-grain.com/sosland/wg/2006_04_01
http://digital.world-grain.com/sosland/wg/2006_03_01
http://digital.world-grain.com/sosland/wg/2006_02_01
http://digital.world-grain.com/sosland/wg/2006_01_01
http://digital.world-grain.com/sosland/wg/2005_12_01
http://digital.world-grain.com/sosland/wg/2005_11_01
http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com