(Dow Jones) -- Bunge Ltd. said sales in its main agribusiness segment fell 8.2% in the latest quarter, as the decline in commodity prices resulted in slow farmer selling.
One of the largest grain handlers in the world, White Plains, N.Y.-based Bunge buys, sells, stores and transports oilseeds and grains world-wide, among other businesses.
Earlier this year, the company benefited from a strong crop season and increased demand. However, in the latest quarter, the downward shift in commodity prices dented results in the agribusiness segment.
"The transition from tight to plentiful global grain and oilseed supplies, highlighted by falling prices ...