Some of the world’s largest soybean traders are preparing to break their agreement to curb deforestation of the Amazon rainforest to preserve tax benefits in Brazil’s top farm state, two people with direct knowledge of the matter told Reuters.
Tag Archives Bunge
Soy trading firms to abandon Amazon protection pact in Brazil
Manitoba grain elevator ownership expands
Carman-based Linear Grain buys Fannystelle elevator from Bunge, another three elevators sold to Morden’s BP & Sons Grain and Storage Inc.
Carman-based Linear Grain buys Fannystelle elevator from Bunge, another three elevators sold to Morden’s BP & Sons Grain and Storage Inc.
Bunge sells assets per merger approval
Bunge has sold five western Canadian elevators as required under the federal approval for its merger with Viterra.
Bunge beats profit estimates on strong processing margins, Viterra boost
Bunge Global topped Wall Street estimates for third-quarter adjusted profit on Wednesday with the closing of its acquisition of Viterra in July boosting volumes as oilseed processing margins improved, sending shares up 2.6 per cent.
Grain trader Bunge lowers 2025 profit forecast after closing Viterra deal
U.S. grain trader and processor Bunge on Wednesday lowered its 2025 earnings forecast following its merger with Viterra, and said it is overhauling segment and volume reporting to align with its integrated operations.
Louis Dreyfus buys oilseed assets from Bunge in Poland and Hungary
Louis Dreyfus Company has acquired grains and oilseeds processing, storage and trading activities in Hungary and Poland from rival agricultural commodity merchant Bunge Global, fulfilling conditions Bunge needed to meet to get approval of its merger with Viterra.
Glencore appears to be readying agriculture industry exit
Company says it will likely sell its remaining share in Bunge now the Viterra merger is concluded
Glencore wants to exit the agriculture business. Neil Townsend believes that is because there’s a “profitability problem” in agriculture.
Glencore says long-term strategy may involve sale of Bunge stake
Miner and trader Glencore said on Wednesday that its long-term strategy could involve the sale of its 16.4 per cent stake in enlarged global agribusiness Bunge Global some time in the future.
Viterra-Bunge merger a done deal, companies confirm
US$34 billion deal raised concerns about the effects of industry consolidation
Bunge's merger with Glencore-backed Viterra has closed, Glencore confirmed on Wednesday.
Bunge-Viterra merger clears final hurdle with China’s conditional approval
China's market regulator has granted conditional approval for global agribusiness Bunge Global's merger with Glencore-backed grain handler Viterra, it said on Monday, clearing the final hurdle for the $34 billion mega-deal announced two years ago.
Cyber-Savvy Farmer
