Insights and Stories on Bunge

Bunge, Viterra confirm marriage plans

Jun. 13, 2023 at 6:33 am CDT

The grain handler built out from the foundations of the former Prairie pools is set to be absorbed into one of the world’s biggest grain trading firms in a cash-and-stock deal. After the news leaked out last month, Rotterdam-based Viterra confirmed Tuesday morning it’s “concluded an agreement” to merge into […]

Bunge, Viterra merger would create global ag trading giant

May. 31, 2023 at 7:57 pm CDT

By Karl Plume

Viterra in talks to merge with Bunge, source says

May. 25, 2023 at 4:01 pm CDT

By Anirban Sen

Bunge expects U.S. renewable diesel capacity of about five billion gallons by 2024

Dec. 7, 2022 at 2:57 am CST

By Tom Polansek

Crop merchant Bunge raises full-year profit outlook

Oct. 26, 2022 at 8:35 am CDT

By Karl Plume

Bunge to sell oilseed processing business in Russia

Sep. 19, 2022 at 6:57 pm CDT

Reuters — Agricultural commodities trader Bunge said Monday it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. Bunge and its rivals ADM, Cargill and Louis Dreyfus — part of the […]

By Reuters

Farmers’ CWB class action lawsuit gets certified

Apr. 8, 2022 at 1:31 pm CDT

A class action lawsuit alleging the government of Canada and G3 Canada Ltd. unlawfully used millions of farmer dollars to privatize the Canadian Wheat Board (CWB) has been certified after wending its way through the courts for 10 years. Court of Queen’s Bench Justice Chris Martin delivered his written judgment […]

By Allan Dawson

Bunge says sanctions may have ‘adverse effect’ on Russian operations

Mar. 1, 2022 at 7:47 pm CST

Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have […]

By Karl Plume

Bunge raises 2021 profit outlook on higher food, renewable fuel demand

Oct. 27, 2021 at 8:45 am CDT

Bunge Ltd reported stronger-than-expected third-quarter results and raised its full-year profit outlook on Wednesday for a third time this year amid improved demand for food and renewable fuel as pandemic restrictions have eased. Although volumes in the U.S. agricultural commodities trader’s core agribusiness and its refined and specialty oils units […]

By Arunima Kumar Karl Plume

Dreyfus, others shut soy crushers in China on power curbs

Sep. 24, 2021 at 7:15 pm CDT

Beijing | Reuters — Soymeal prices in China, the world’s top consumer of the animal feed ingredient, are rising after at least 20 soybean crushing plants shuttered to comply with curbs on industrial power consumption, industry participants said on Friday. Five crushing plants in the northern city of Tianjin closed […]

By Reuters