Kernel, one of Ukraine’s largest agricultural holdings, increased oilseed processing by 17% in the third quarter of fiscal year 2026 (FY, January–March 2026) compared to the same period last year—to 986,000 tons, the company reported in its operating report.
“Kernel processed 986,000 tons of oilseeds during January–March 2026, which is 17% more than in the previous year, thanks to improved availability and procurement of sunflower seeds on the domestic market, while remaining generally stable compared to the previous quarter. Sunflower seeds accounted for the majority of the processing volume, while soybeans and rapeseed contributed to the overall utilization at the group’s oil processing plants,” the document states.
According to the report, sales of edible oil during the reporting period increased by 7% and reached 373,000 tons, which correlates with processing trends. Bottled sunflower oil accounted for 19,000 tons of total sales.
The volume of grain stored in elevators (silos) in January–March amounted to 511,000 tons. According to the agricultural holding, this result reflects the protracted harvest campaign in Ukraine, as well as an increase in the volume of products received from third-party suppliers. Cumulatively, over the first nine months of the 2026 financial year, this figure reached 4 million tons.
Kernel emphasized that the 50% year-over-year growth in procurement is due to a change in crop structure: the share of corn in the 2025 harvest rose to 48% compared to 24% in the previous season.
Grain exports from Ukraine in the third quarter of the fiscal year totaled 1.5 million tons, effectively maintaining the level of the previous quarter. Restraining factors included slow sales by farmers, power shortages, and rising logistics costs.
At the same time, transshipment through the group’s export terminals increased by 4% compared to the previous fiscal year and by 6% compared to the previous quarter, reaching 2.6 million tons. Grain accounted for 73% of total cargo handling, oils for 14%, and meal for the remainder.
” “In total, terminal throughput for the first nine months of fiscal year 2026 amounted to 6.9 million tons, which is 6% less than in the previous year, amid operational disruptions caused by intensified attacks on Black Sea ports and adverse weather conditions,” the agricultural holding concluded.
Kernel Agricultural Holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, an operator of an extensive network of logistics assets, and a leading producer of grains and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.
