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Wed, Mar

Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025

Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025

World Maritime
Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025

Average prices for LDC's main commodities were lower, with the exception of coffee. However, shipped volumes rose sharply, helped by expansion in capacity and strong demand for corn and soybeans, it said.

Volumes jumped 10.6 per cent year on year, helping net sales rise to $53.2 billion from $50.6 billion the prior year.

LDC doubled capital expenditure to $2 billion, it said.

Uncertainty over US biofuel policy, meanwhile, weighed on the performance of its vegetable oils business, LDC said, echoing comments by its peers.

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