World Grain - March 2016 - 13

NEWSREVIEW

Bunge earnings climb in year, but challenges seen ahead
WHITE PLAINS, NEW YORK, U.S. - A
sharp increase in earnings coupled with a
steep decrease in sales led to mixed results
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top executive also indicated that while there
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American grain exports.
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earnings and sales, Bunge said it made "sigQL¿FDQWSURJUHVV´LQWHJUDWLQJLWVDFTXLVLWLRQV
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well as in rebuilding its mill in Rio de JaQHLUR %UD]LO 7KH FRPSDQ\ DOVR VDLG FRUQ
milling results in North America improved
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product and masa acquisitions.
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products continues to grow with an increasLQJSHUFHQWDJHRIWKLVJURZWKEHLQJVXSSOLHG
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supporting good crush and export margins,
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will allow us to operate our crushing and
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improved. These improvements, coupled
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Despite the optimism, Schroder also cautioned that challenges remain.
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%UD]LOLDQ )RRG DQG ,QJUHGLHQWV EXVLQHVVes," he said. "Northern Hemisphere oilseed
processing margins and grain exports will
be pressured until markets adjust to the inFUHDVHGOHYHORIJOREDOVXSSOLHV´

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World Grain - March 2016

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