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Kernel increases forecast for grain exports by 33% in 2008/2009 MY

Kernel increases forecast for grain exports by 33% in 2008/2009 MY

20 October 2008

Kernel Group (KER PW: N/R) upgraded its forecast for its grain exports in the 2008/2009 marketing year (MY) by 33% to 1600 ths mt, the company said on Friday. During the previous marketing year, the company exported 260 ths mt of grain. At the same time, Kernel retained its forecast for earnings due to declining grain prices.

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