The newly commissioned plant is designed to have a daily crushing capacity of 12 tons of soybeans, capable of producing up to 10 tons of high-quality refined oil for the domestic market.
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