Thompson Moves to NCGA
Anne Thompson joins the National Corn Growers Association as its director of PAC and political strategy. Previously, Thompson worked by Bunge North America and CoBank.
Articles tagged under: Bunge
Canadian Firms Partner on High Protein Canola
Four companies are working together on the first commercial breeding program that is focused on improving protein quality in canola. This $27 million hybrid canola program is being developed in Canada. The partners on the project are Corteva Agriscience, Bunge,…
Bunge Sells Stake in IA Ethanol Plant
Bunge North America has sold off its ownership stake in an Iowa ethanol plant. Bunge had an ownership role in the Council Bluffs ethanol plant for 13 years, partnering with Southwest Iowa Renewable Energy. Bunge will continue to purchase all…
BP Bunge Joint Venture Finalized
The British oil company, BP, and the U.S. agricultural company, Bunge, have formed BP Bunge Bioenergia. This combination brings together their sugar and ethanol business in Brazil. The 50-50 joint venture will oversee 11 sugar processing plants.
Bunge to Relocate Global Headquarters
Bunge plans to move its global headquarters to from White Plains, New York to St. Louis, Missouri. St. Louis has already been home to Bunge’s North American headquarters since 1990. The move is expected to be completed over the next…
2Q Income Up for Bunge
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
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
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
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
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…
