FARM BUSINESS NEWS
Bunge Shares Climb Sharply
Thu Apr 25, 2013 06:27 AM CDT

(Dow Jones) -- Bunge Ltd.'s first-quarter profit nearly doubled as the company's sugar business swung to a profit and soybean processing margins improved.

One of the largest grain handlers in the world, Bunge bounced back from a disappointing fourth quarter, and shares jumped more than 6% Thursday morning. The company said it also sees greater profits as larger inventories of grains and oilseeds boost its transportation and storage businesses.

The company's sugar and bioenergy segment, which has struggled to generate consistent profits since Bunge bought its first Brazilian sugarcane mill in 2007, reported a $23 million profit in the first ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
Labor Pains - 1
Seed Money for Rural America
Remove Barriers by Building
Ag Giants Sow Venture-Capital Seed