Bunge’s net profit surges 91.6% on stronger oilseed crushing performance

US agribusiness company Bunge reported a net profit of $318 mln in the third quarter of 2026, up 91.6% from $166 mln in the same period last year. The improvement was driven by higher soybean and other oilseed crushing volumes, as well as the expansion of the company’s global operations following its integration with Viterra.

In January–September 2026, Bunge crushed 34.03 mln tons of soybeans, compared with 29.55 mln tons a year earlier, an increase of 15.1%. Adjusted earnings before interest and taxes (EBIT) in this segment rose by 35.6% to $1.387 bln. Meanwhile, crushing volumes of other oilseeds increased by 42.7%, from 7.27 mln to 10.38 mln tons, while the segment’s adjusted EBIT climbed from $371 mln to $779 mln.

However, performance in the grain merchandising and milling segment weakened. In the third quarter, adjusted EBIT declined by 27.5%, from $120 mln to $87 mln. Despite an increase in net sales from $6.43 bln to $6.76 bln, handled volumes fell from 24.08 mln to 23.81 mln tons. Improved results in global grain trading and commercial services were insufficient to offset weaker performance in ocean freight, sugar operations, and wheat milling.

Bunge also reported progress in achieving cost synergies from its integration with Viterra. The expanded international network provides additional opportunities to optimize logistics, processing, and agricultural commodity trading. In addition, its joint venture, Bunge Chevron Ag Renewables, launched a new oilseed processing line in Destrehan, Louisiana, USA.

Overall, Bunge’s net profit for the first nine months of 2026 increased to $1.064 bln, compared with $721 mln in the same period of 2025, representing growth of 47.6%. Total adjusted EBIT reached $2.072 bln, up from $1.412 bln a year earlier. Oilseed crushing remains the main driver of Bunge’s earnings growth, while the grain segment continues to face pressure from weaker performance across several business activities.

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