Articles tagged under: Bunge
A Possible Merger
Published May 26, 2023
Viterra and Bunge are reportedly discussing a merger. These are two of the largest grain trading firms and have a large presence in the United States. Viterra, which formerly was known as Glencore Agriculture, had a failed takeover attempt with…Bunge, Nutrien to Help With Transition to Low-Carbon Farming
Published May 17, 2023
Bunge and Nutrien Ag Solutions have formed an alliance to help farmers adopt sustainable farm practices. Nutrien will provide crop consulting services, custom fertilizer application data collection. Bunge will contract with these farmers and manage the harvest and post-harvest commercialization.…Bunge Income Softens
Published February 9, 2023
Bunge reports profits of $1.6 billion in its annual financial report. That compares to just over $2 billion one year ago. The fourth quarter ended with strong soybean crush margins.Bayer Takes Majority Stake in CoverCress Incorporated
Published August 1, 2022
Bayer now has 65 percent ownership of winter oilseed producer CoverCress Incorporated. Bunge and Chevron own the remaining 35 percent ownership. CoverCress is a cash crop that combines grain production with the environmental benefits of a cover crop without displacing…Veg Oil Sector Shifting to Serve Renewable Diesel Demand
Published February 10, 2022
In a call with investors, Bunge CEO Gregory Heckman was asked about forecasts for U.S. renewable diesel capacity to reach five billion gallons by 2025.” I think it's going to take everything to supply that industry and the demand that…Profits Improve for Bunge
Published October 27, 2021
Bunge reports third quarter net income of $653 million, up from $262 million one year ago. Rising demand for vegetable oils to produce renewable diesel pushed the profits higher for the refined and specialty oils division. The milling business segment…Bunge Releases 2Q Financials
Published July 29, 2021
Bunge reports second quarter net income of $363 million, down from $516 million one year ago. The commodities trader raised its full-year adjusted profit outlook based on demand for vegetable oils and renewable fuels.Bunge Spins Off 35 Elevators to Zen-Noh Grain
Published July 13, 2021
Bunge has completed its sale of 35 elevators to the Zen-Noh Grain Comparation, which is a subsidiary of the National Federation of Agricultural Cooperative Associations of Japan. This sale had been originally announced in 2020 and has been going through…DOJ Weighs in on Zen-Noh/Bunge Deal
Published June 3, 2021
To move forward with its planned acquisition of Bunge North America, the Justice Department is demanding the Zen-Noh Grain Corporation divest nine grain elevators along the Mississippi River and its tributaries. If this happens, the DOJ says it would resolve…