Bunge is a global agribusiness company that connects farmers to end consumers of food, feed, and fuel. The core business is oilseed processing: Bunge buys raw soybeans, canola/rapeseed, and sunflower seeds, then crushes them to produce protein meal (sold to animal feed manufacturers and livestock producers) and vegetable oils (sold to food companies and biofuel producers). Bunge also merchandises grains — buying, storing, transporting, and selling corn, wheat, barley, and other commodities across global markets. The July 2025 acquisition of Viterra significantly expanded this grain business, adding a large network of elevators, storage facilities, and export terminals in Canada, Australia, and the Black Sea region. Bunge operates through four segments: Soybean Processing and Refining, Softseed Processing and Refining, Grain Merchandising and Milling, and Other Oilseeds Processing and Refining (specialty and refined oils, including tropical oils through its 80%-owned Loders joint venture). Bunge earns primarily by capturing the "crush margin" — the spread between the cost of raw oilseeds and the combined value of meal and oil outputs. Crush margins fluctuate with crop supply, animal protein demand, and biofuel policy. In grain merchandising, Bunge earns by capturing basis differentials, storage income, and logistics efficiencies. Bunge's global footprint — spanning both hemispheres — allows it to run plants year-round and balance origination risk across geographies. Bunge is investing in new crushing and specialty oils capacity, with several projects expected to contribute meaningfully starting in 2027.