Soybean

The transaction aligns with Bunge’s strategy to optimize its ingredients portfolio, aiming to offer a more diverse range of solutions to customers.

Global wheat production was forecast to outpace consumption, leading to an increase in world wheat ending stocks.

The approval clears Bunge’s PRO-S program for use under ASC Feed Standard rules and supports wider use of verified soy in fish feed.

Brazil accounted for more than 44% of total EU soybean meal imports over
the last five years

Under the terms of the collaboration, Protealis will have exclusive access to test and commercialize selected soybean genetics, supporting the expansion of its breeding portfolio.