Bunge group posts third-quarter results upturn, while market tests persist

Global ingredients and agri-business group Bunge has reported a third quarter sales upturn across its three core areas, including soy bean processing, reporting revenues of $10,85 billion, up year-on-year, from $7.8bn, writes Neill Barston.

The company’s grain and milling operations also reported a third quarter increase, from $6.4bn for the period, up from $2.4bn the prior year, while its softseed processing also posted enhanced results, rising from $1.5bn sales for the third quarter last year, to $3.6 for 2025.

Notably, the company’s oils have broad application for the confectionery sector, including within chocolate processing, with its grains also used within the snacking sector.

While the firm’s third quarter sales showed an encouraging increase, its net income was $166 million for the three-month period, compared against $221m the previous year, as the ingredients sector faced continued challenges around the world, including elevated processing costs, as well as recently introduced tariffs in the US.  

The company’s EBIT figures stood at $757m for the third quarter, against year-on-year performance of $491m for in 2024. 

As the business noted, soybean processing and Refining results improved in all regions reflecting a combination of higher margins, strong execution and the addition of Canadian-based grain business Viterra’s South American assets to its portfolio.

Furthermore, according to the company,  higher results were primarily driven by processing in Europe and Asia and origination from South America. In North America, higher processing results more than offset lower results in refining. In South America, results were higher in processing and refining. Higher Global Oils results reflected strong execution.

Higher processed volumes primarily reflected the combined company’s increased production capacity in Argentina. Higher merchandised volumes reflected the combined company’s expanded soybean origination footprint, as well as strong South American soybean exports.

Greg Heckman, Bunge’s Chief Executive Officer said, “In our first full quarter since closing the Viterra transaction, our combined team delivered strong results in a complex market and regulatory environment across nearly all regions. We’re beginning to realise the benefits of our expanded global platform. By aligning the business around our proven end-to-end value chain model, we’re unlocking efficiencies— optimising our footprint, coordinating larger flows, and running at higher utilisation, while serving customers more effectively.”

“Even in a challenging external environment, our people, assets, and systems position us to adapt with agility, manage risk with discipline, and continue connecting farmers with consumers of essential food, feed, and fuel. The advantages we’re capturing today will compound over time, driving greater long-term value for all stakeholders.”