Bunge raised its 2026 adjusted earnings forecast to $9.25-$9.75 per share following stronger-than-expected Q2 results.
Bunge reported second-quarter earnings that exceeded Wall Street estimates, driven by robust soybean and softseed processing margins. The company now projects 2026 adjusted earnings of $9.25 to $9.75 per share, up from its prior forecast of $9.00 to $9.50.
Net sales from soybean processing and refining reached $12.07 billion, compared with $7.75 billion a year earlier. The softseed processing segment posted $4.09 billion in net sales, up from $1.53 billion in the same period last year. Rising crop prices, fueled by geopolitical tensions and higher crude oil costs, boosted farmer sales and processing demand.
The improved outlook reflects stronger market conditions and increased grain movement across the U.S. Midwest, benefiting major handlers like Bunge and Archer-Daniels-Midland.