FY2024-Q3First statedAnnual report
「By revenue category, processed foods remained sluggish in the Food category, while frozen and chilled products, confectionery, alcoholic beverages and sugar performed steadily, resulting in revenue at approximately the year-earlier level. In Foodservice Products, revenue increased due to higher selling prices for flour and starch, as well as steady performance in fuel and foodservice ingredients. In Feed and Livestock, feed revenue declined as sales volume to pig and poultry producers decreased and selling prices fell. Livestock revenue increased as sales volume of trimmed meat rose, although sales volume of finished hogs was approximately unchanged from the year-earlier period. In Rice, revenue increased as selling prices for polished and brown rice rose.」
Food was approximately unchanged from the year-earlier period, while Foodservice Products, Livestock and Rice generated higher revenue. Feed revenue declined due to lower sales volume and selling prices.