“Kernel, one of Ukraine’s largest agricultural holdings, intends to strategically adjust its crop mix for the 2025 harvest during the spring sowing campaign to align with its more sustainable practices that were maintained before the full-scale war in Ukraine.
According to the quarterly report published on the company’s website on Friday, Kernel plans to allocate about 168 thousand hectares for corn, which is twice as much as in the 2024 season and will account for 49% of its total production area.
At the same time, the agroholding plans to reduce sunflower acreage by 34%, to 44 thou hectares (or 13% of the crop structure). The agricultural holding explained this decision by further optimizing land use and restoring long-term agronomic sustainability.
“In 2025, Kernel will also reduce its soybean acreage to 27 thou hectares, while a year earlier it had 72 thou hectares under soybeans.
“As of the date of the report, winter crops – including 95 thou hectares of winter wheat and 3.45 thou hectares of rapeseed – are in generally good condition, with no significant risks beyond the usual seasonal factors at this stage,” the agricultural holding summarized.
Kernel is the world’s largest exporter of sunflower oil, one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.
In FY2024, Kernel’s net profit decreased by 44% compared to FY2023 to $167.95 million, while revenue increased by 4% to $3.581 billion and EBITDA decreased by 30% to $381 million.
