Bunge beats second-quarter profit estimates on strong processing margins

Bunge reported better-than-expected second-quarter earnings and increased its full-year adjusted profit outlook on July 29. The agricultural commodities company attributed its stronger results to robust performance in its soybean and softseed processing divisions, which capitalized on improving market conditions.
Corn and soybean prices in the United States have risen considerably since the beginning of the Iran war, leading farmers to accelerate sales of stored grain that had been withheld fro