1047 ET - Shares of grain merchant and oilseed processor Bunge were down about 6% after the company reported a lower quarterly profit that missed analyst expectations because of supply gluts for crops and the meal and oil they are processed into. Bunge CEO told analysts on a call that the future for the agriculture market is hard to predict given the Trump Administration's threats of trade wars and what will happen to the U.S.' biofuels policies that drive the industry. "We definitely are in an environment has less visibility than the normal with the trade disruptions and some of the uncertainty around U.S. biofuels," Heckman said. He added that the company's proposed acquisition of rival trader Viterra will help it weather any trade fights by increasing the company's ability to source crops from around the world. (patrick.thomas@wsj.com)

(END) Dow Jones Newswires

February 05, 2025 10:47 ET (15:47 GMT)

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