Capitalising on its global footprint, Bunge is targeting growth in biofuels, feed, and food amid market volatility, as Bunge executives shared at the BMO conference on May 13.
The company added that it may carry out additional share purchases outside the programme if deemed appropriate, including block trades, under its existing shareholder authority.
For the first time in a decade, the number of cats in the U.S. has surpassed dogs, reinforcing demand for cat-focused nutrition products.
The quota for the north-central fishing zone is 1,914,049 tonnes, a decline of more than 1 million tonnes year-on-year.
The Group posted record half-year results with 14% revenue growth while advancing a majority stake acquisition in Greece and launching a new investment project in Kazakhstan.
The higher margin was mainly due to lower quality-related costs and better absorption of plant expenses as production volumes increased.
As pet humanisation rises, demand for higher-quality, specialised and science-backed nutrition, especially in cat food, is expected to remain resilient.
This data is based on statistics shared by 12 IFFO members, accounting for 40% of global fishmeal production and 50% of fish oil output.
The long-running competitive process, which began in 2024, is nearing its conclusion, with DSM expected to retain a stake in the business.
Aquaculture production surpasses 192,000 tons; Saudi seafood exports reach US$350 million.