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 ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Ag Interest Rate Snapshot
Klinefelter: By the Numbers
Minding Ag's Business
Senior Partners - 3
Minding Ag's Business
Rates Too Low Too Long
Minding Ag's Business
Minding Ag's Business