Bunge Global SA expects profits this year to shrink to the lowest level since before the pandemic as the crop trader sees heightened geopolitical uncertainty.
Steven Hansen, managing director and equity analyst at Raymond James, talks about the forecast for the agriculture industry in 2025.
The profits companies such as Bunge make from trading and processing soybeans into meal and oil have been under pressure due to increased supplies and lack of clarity on US biofuel policy. The outlook for 2025 has also been clouded by the prospect of a trade war as President Donald Trump pushes for tariffs including against China.
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