Bunge traded at $106.23 this Friday July 31st, increasing $1.16 or 1.10 percent since the previous trading session. Looking back, over the last four weeks, Bunge gained 1.28 percent. Over the last 12 months, its price rose by 36.19 percent. Looking ahead, we forecast Bunge to be priced at 103.98 by the end of this quarter and at 97.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bunge Limited is an agricultural business and food company. The Company operates through segments such as Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Its Agribusiness segment is an integrated global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. Its edible oil products include packaged and bulk oils, shortenings and other products derived from the vegetable oil refining process. Its milling products segment includes the production and sale of a range of wheat flours and bakery mixes. The Company is a producer of sugar, ethanol and electricity. It produces, blends and distributes a range of nitrogen, phosphate and potassium (NPK) fertilizers, including phosphate-based liquid and solid nitrogen fertilizers.