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Posted by
Two Blokes Jun 26 -
Filed in
Stock
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U.S. President Donald Trump's administration proposed higher quotas of biofuel for 2026 and 2027 in the U.S., a positive aspect for Bunge, as corn demand is expected to increase. The stock price of Bunge is slightly higher than its 2018 trading price. However, its net income was $287 million in 2018, growing to $1,188 million in 2024. The merger between Bunge and Viterra would considerably increase Bunge's revenues.
