Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a May production update for its Ayenouan palm oil project in Côte d’Ivoire and an update at the cashew processing plant at Tiebissou, Côte d’Ivoire.
Key Performance Metrics: May 2026 vs. May 2025
· Crude Palm Oil (CPO) Production: A material increase of 31.9% in CPO production was achieved in May 2026 compared to May 2025, representing the third consecutive month of year-on-year production growth. While the CPO high season has likely passed its peak, the strong performance delivered in recent months positions the Palm Oil Operation well to report a strong H1 2026 outcome. The CPO extraction rate improved to 22.3%, an increase of 3.7% compared to May 2025.
· CPO Sales Prices: CPO selling prices remained robust at €952 per tonne during the month, broadly in line with May 2025 (€956 per tonne). As noted previously, local CPO prices continue to trade at a discount to international CPO prices, which remain elevated at above €1,200 per tonne. As local production levels moderate in the coming months, the Company expects local pricing to strengthen and move closer towards prevailing international market levels.
· Palm Kernel Oil (PKO) Sales and Prices: PKO sales prices remained strong at €1,362 per tonne, representing an increase of 3.8% compared to May 2025. PKO production volumes were lower during the month due to the batch nature of production and sales activities. Accordingly, the Company expects stronger comparative production and sales volumes in the coming months.
· Cashew Operation: Raw Cashew Nut (RCN) Processing:
o May continued to deliver solid operational performance, with approximately 650 tonnes of RCN processed during the month.
o Cashew sales volumes and prices remained stable, reflecting steady underlying demand for the Company’s products.
o Quarterly production and sales data for the Cashew Operation will be reported in July 2026.
| May-26 | May-25 | Change | |
| FFB processed (tonnes) | 19,932 | 15,694 | 27.0% |
| CPO Extraction Rate | 22.3% | 21.5% | 3.7% |
| CPO production (tonnes) | 4,443 | 3,369 | 31.9% |
| CPO Sales (tonnes) | 4,743 | 3,404 | 39.3% |
| Average CPO price per tonne | €952 | €956 | -0.4% |
| Palm Kernel Oil (‘PKO’) production (tonnes) | 214 | 272 | -21.3% |
| PKO Sales (tonnes) | 128 | 211 | -39.3% |
| Average PKO price per tonne | €1,362 | €1,312 | 3.8% |
Youval Rasin, Dekel Agri-Vision’s Chief Executive Officer, said: “We are pleased to report another strong month for our Palm Oil Operation, with CPO production increasing by 31.9%, marking the third consecutive month of year-on-year growth. Combined with an improved extraction rate of 22.3%, this performance positions the operation well to deliver a strong first half of 2026. With international CPO prices continuing to trade at elevated levels, market conditions remain supportive as production enters its seasonal low period. Meanwhile, the Cashew Operation continues to deliver stable processing and sales performance, providing a solid platform for further growth.”
