WHITE PLAINS, NY — March 19, 2018 — Bunge Limited (NYSE: BG) announced that its CEO, Soren Schroder, addressed the National Grain and Feed Association’s (NGFA’s) 122nd Annual Convention today in Scottsdale, Arizona. In a keynote presentation, Schroder discussed Bunge’s strategy, industry trends, global trade and current market conditions – making the following points:
•Bunge has been helping to feed the world for the past 200 years by connecting people, markets, countries and cultures
•Our global integrated agri-food footprint with market leading positions in major crop production origins and key destinations allows us to serve our customers regardless of market situation, due to its balance and flexibility
•Bunge’s strategy is focused on Grains & Oilseeds, and prioritizes optimizing our Agribusiness footprint, improving operating efficiency and growing our value added business
•The Loders Croklaan acquisition is a transformational step in our value-added strategy
•Long-term trade fundamentals of Grains and Oilseeds are intact and expected to remain robust
•Market changes are underway again: global grain stocks are becoming more balanced and the global soy crush market environment has changed dramatically, with crush margins expanding significantly from 2017 levels
•Free trade is important to maintaining balance and feeding the world’s growing population
The slide presentation that accompanied Schroder’s keynote address is available at https://www.bunge.com/investors/webcasts-and-presentations.
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About Bunge Limited
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 32,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed; produces edible oil products for consumers and commercial customers in the food processing, industrial and artisanal bakery, confectionery, human nutrition and food service categories; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains both historical and forward-looking statements. All statements, other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect our current expectations and etc. etc..
Did you know!
When Johann Bunge founded a trading company in Amsterdam in 1818, did he imagine it would still be thriving two centuries later?
Bunge began as an import-export business in a single city. Starting with Johann’s grandsons, Edouard and Ernest, the family expanded his vision through generations and across oceans. In 1884, together with the Born family, it launched a grain trading company in the burgeoning agribusiness market of Argentina.
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