Daily Network News

More News →

Tag Archives Bunge

Photo: iStock/Getty Images
Markets

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

By , ,
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 were down, robust oilseed processing
(LDC video screengrab via YouTube)
Crops, Markets

Dreyfus, others shut soy crushers in China on power curbs

'Cash is on fire'

By ,
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 this week, said Tianfeng Futures
CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn tops $7 for first time since 2013 in most-active contract

High corn prices are not destroying demand, Bunge CEO says

By ,
Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening
Bunge’s agent overturns Brazil injunction blocking access to key port
Markets, News

Bunge’s agent overturns Brazil injunction blocking access to key port

By
Reuters – Brazil’s Litoral Soluções, an unlisted port agent representing U.S. grain trader Bunge, won the reversal of an injunction blocking its right to ship grains from a key southern Brazilian port’s public terminal. The ruling, by Judge João Carlos Franco, overturned his own earlier decision suspending the contract. A final court decision is still
Artist’s rendering of the Merit Functional Foods plant under construction in Winnipeg. (Merit Foods graphic)
Crops

Bunge buys into canola, pea protein maker Merit

Agribusiness giant takes quarter stake in processor

By ,
One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods announced Thursday it has received a $30 million “capital investment” from Bunge, giving the U.S. grain firm a “minority interest” worth 25 per cent. Burcon
Photo: iStock/Getty Images
Markets

Bunge raises outlook as agribusiness profits beat Wall Street estimates

By ,
Reuters – Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates, sending shares up more than 5 percent in premarket trading. Despite a worsening coronavirus pandemic that has rattled global markets, strong soy processing margins in South America, Europe and Asia and accelerated crop
(Dave Bedard photo)
Crops

Bunge to sell 35 U.S. elevators to Zen-Noh Grain

By ,
Chicago | Reuters — Agricultural commodities trader Bunge said on Tuesday it will sell 35 of its interior U.S. grain elevators to Zen-Noh Grain, dramatically reducing its grain origination network in the United States. Financial details of the sale with the subsidiary of Japan’s Zen-Noh Group were not disclosed, and the deal is subject to
(Dave Bedard photo)
Crops, Markets

Bunge profit tops estimates on South American results

By ,
Chicago | Reuters — Agricultural commodities trader Bunge reported a stronger-than-expected quarterly profit on Wednesday as rising crop prices boosted farmer sales in South America and swelled margins in its large agribusiness segment, sending shares up more than three per cent in pre-market trading. But uncertainty about global trade and demand for Bunge’s food and

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for Jan. 30, 2026

Sponsored by:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →