FARM BUSINESS NEWS
Bunge Misses 2Q Earnings Forecast
Thu Jul 25, 2013 07:35 AM CDT

(Dow Jones) -- Bunge Ltd.'s (BG) second-quarter earnings fell 50% from a year-earlier period that included a big gain on acquisitions, masking improved sales.

The company buys, sells, stores and transports oilseeds and grains to customers worldwide. It processes seeds for protein meal for animal feed and oil products for consumers.

"We navigated the choppy markets well, but faced some challenges in North America, Europe and Argentina, which suffered from the continued effects of last year's poor oilseed and grain crops," Chief Executive Soren Schroder said.

The company also reduced its capital-expenditures plans for the year by $200 million and ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Senior Partners - 4
Year-End Tax Panic
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
Klinefelter: By the Numbers
Automating the Farm Workload
Pillars of Leadership
Minding Ag's Business