Bunge Ceo Forecasts Strong Soy Us Crush Margins Into

Jul 30 2015 chinese imports of south american soybeans have shattered records in recent months but the countrys soy crush margins although volatile remain positive so importer demand should remain strong

Global soy crush margins were higher in all regions driven by the combination of strong underlying soymeal demand crushing capacity constraints caused by reduced soybean production in argentina

In oilseeds average soy processing margins were lower in all regions compared to strong prior year with the exception of china which benefited from tight soymeal supplies and reduced bean

08 may 2020 bunge has released its latest financial overview for the first quarter of 2020 while the bermudaincorporated agribusiness flags no overt disruptions to its businesses due to covid19 it forecasts a challenging year moving forward the companys overview outlines marktomarket losses across its portfolios primarily related to forward bunker fuel hedges driven by

Bunge noted oilseeds remain driven by strong soy crush margins and within range of expectations when considering markettomarket impact in grains bunge lost 22 million in trades mainly because of a 24 million foreign exchange loss on hedges in brazil that bunge expects to reverse in the second half of the year as contracts are executed

St louis turnaround efforts at bunge ltd have the company setting a goal to deliver baseline earnings of 5 per share at normalized soybean crush margins gregory a heckman chief executive officer said in a june 24 business update he did not give a timeline for reaching the goal the forecast came after st louisbased bunge reported losses in fiscal 2019 and the first quarter of