Articles tagged under: Bunge
2Q Income Up for Bunge
Published August 1, 2019
In the second quarter, Bunge reports profits of $214 million. That compares to a loss of $12 million in the same period last year. Bunge officials said its soybean crushing business in South America offset weather-related challenges in North America.Bunge Updates Financials
Published February 22, 2019
Bunge is reporting a quarterly loss of $65 million. That compares to a loss of $60 million one year ago. Soybean processing margins improved, but Bunge was not able to capitalize on those gains due to mistakes made in risk…Bunge Q4 Losses Attributed to Lower Brazilian Soybean Prices
Published February 21, 2019
Bunge Ltd., posted a fourth quarter loss of $65 million, compared to a loss of $60 million one year ago. Bunge Acting CEO Greg Heckman says Bunge’s agribusiness sector was hit by a $125 million loss associated with the drop…Bunge Names Acting CEO
Published January 22, 2019
Effective immediately, Bunge board member Gregory Heckman is taking over as the company’s acting chief executive officer. Heckman succeeds Soren Schroder, who announced plans to step down last month.Bunge’s 3Q Income Moves Higher
Published November 1, 2018
Bunge’s adjusted third quarter earnings totaled $573 million, up from $369 million one year ago. Soybean crush margins were higher, which was a significant factor in this quarterly report. After two activist investment firms pushed for changes, Bunge has expanded…Four Big Ag Firms Move to Digitization
Published October 26, 2018
ADM, Bunge, Cargill and Louis Dreyfus are cooperating to standardize and digitize global their agricultural shipping business. The big four agribusiness companies will replace a manual, paper-based system with emerging technologies like artificial intelligence and blockchain. The goal is to…Thomsen Retires
Published August 7, 2018
Bunge Agribusiness President Brian Thomsen will retire at the end of 2018. Thomsen has led the company’s Agribusiness segment since 2014. Previously, he managed the global grains and oilseeds product lines. In a statement, Thomsen says it’s a personal decision…Bunge Reports First Quarter Loss
Published May 2, 2018
Bunge is reporting a first quarter loss of $29 million, compared to a profit of $39 million one year ago. Moving forward, the silver lining for the company could be in the soybean crush. Bunge Chief Executive Officer Soren Schroder…