FARM BUSINESS NEWS
Bunge Reports 3Q Loss
Thu Oct 24, 2013 07:39 AM CDT

(Dow Jones) -- Bunge Ltd. swung to a third-quarter loss as the company recorded a drop in revenue and disappointing sugarcane milling results.

"Our Brazilian milling operations, however, continued to face suboptimal weather and low global sugar prices, as well as the structural headwinds of domestic cost inflation and capped ethanol prices," said Chief Executive Soren Schroder, adding that as such, the company has reduced its outlook for that segment for the fourth quarter and full year.

One of the largest grain handlers in the world, White Plains, N.Y.-based Bunge buys, sells, stores and transports oilseeds and grains to customers ...

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