Insights and Stories on Bunge

Oct. 30, 2019 at 2:56 pm CDT

Reuters – Agricultural merchant Bunge Ltd warned on Wednesday of a drop in annual profits due to mounting challenges to its grain trading and processing business from the U.S.-China trade war and a fatal pig disease in Asia, sending shares down more than 4 percent. The company reported better-than-expected third-quarter […]

By Arundhati Sarkar, Tom Polansek

Sep. 11, 2019 at 5:22 am CDT

Winnipeg/Chicago | Reuters — Bunge, one the world’s biggest grain traders, recently disclosed the 1.6 per cent stake it had purchased in the fast-growing fake-meat startup Beyond Meat. The play looked smart after the stock surged more than 250 per cent since the faux burger and sausage maker’s initial public […]

By Rod Nickel, Tom Polansek

Aug. 20, 2019 at 4:57 pm CDT

Chicago | Reuters — A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge is facing an even more uncertain business environment, with a new CEO determined not to get burned again. Gregory Heckman, who joined Bunge’s board late last […]

By Karl Plume

Jul. 31, 2019 at 1:47 pm CDT

Chicago | Reuters – Agricultural commodities trader Bunge Ltd swung to a profit in the second quarter from a year-ago loss, helped by improved results at its South American operations. Bunge also reported an unrealized gain from the company’s stake in Beyond Meat Inc, meaning it could profit from the plant-based burger venture […]

By Karl Plume

Jul. 10, 2019 at 9:35 pm CDT

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known […]

By Karl Plume