Wheat milling production was 486 million tonnes, down 7% compared to the prior period that produced 525 million tonnes.
Rice milling production was 91 million tonnes, down 28% compared to the prior period that produced 127 million tonnes. Currency devaluation and economic slowdown adversely impacted wheat milling in Brazil, and lower Asian rice prices provided a challenge for the company’s South American rice milling business.
Soybean crushing in Argentina benefited from the large crop and, late in the period, good farmer selling.
Biodiesel production was 248,000 tonnes, down 27% compared to the prior period, reflecting reduced demand due to both regulatory changes and lower competing diesel prices, and also the scheduling of planned maintenance.