Bunge Raises Full-Year Profit Forecast on Strong Q2 Processing Results

Bunge Ltd. raised its full-year adjusted profit forecast on Wednesday after reporting second-quarter earnings that beat Wall Street estimates, driven by strong margins in its core processing operations.

Upgraded Outlook and Segment Performance

The company announced it now expects 2026 adjusted earnings to be between $9.25 and $9.75 per share. This is an increase from its previous guidance of $9.00 to $9.50 per share, signaling confidence in sustained performance for the remainder of the year.

The positive results were underpinned by significant growth in its key divisions, according to the report.

• Net sales from soybean processing and refining jumped to $12.07 billion, up from $7.75 billion in the same period a year ago.
• The softseed processing and refining segment also saw a substantial increase, with quarterly net sales reaching $4.09 billion, compared with $1.53 billion a year prior.

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Favorable Market Drivers

Bunge's strong quarter was supported by a favorable commodity market environment. According to a Reuters report, U.S. corn and soybean prices have climbed sharply, which has incentivized farmers to increase sales of grain held in storage from last year's harvest.

This surge in farmer selling has benefited major grain handlers like Bunge and its competitor Archer-Daniels-Midland, which process and trade the crops. The price rally in agricultural commodities has been further supported by a spike in crude oil prices, which boosts the value of crops like corn used for biofuels.