Bunge Global SA
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
Contents
EX-99.1 · Soybean Processing and Refining
Soybean Processing and Refining
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| (US$ in millions) | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2026 | Sep 30, 2025 |
| Volumes (in thousand metric tons) | ||||
| Soybeans processed | 11,745 | 12,139 | 34,026 | 29,553 |
| Soybeans merchandised | 5,274 | 7,246 | 18,453 | 13,577 |
| Refined soy oil production | 1,051 | 932 | 2,841 | 2,693 |
| Net sales | $11,442 | $10,857 | $33,065 | $25,268 |
| Cost of goods sold | $(10,646) | $(10,359) | $(30,817) | $(23,877) |
| Selling, general and administrative expenses | $(174) | $(143) | $(481) | $(365) |
| Foreign exchange gains (losses) – net | $(42) | $(42) | $(142) | $9 |
| EBIT attributable to noncontrolling interests | $(31) | $(3) | $(65) | $(13) |
| Other income (expense) - net | $(12) | $21 | $(15) | $27 |
| Income (loss) from affiliates | $10 | $6 | $15 | $19 |
| Segment EBIT | $547 | $337 | $1,560 | $1,068 |
| Mark-to-market timing differences | 18 | 141 | (173) | (45) |
| Adjusted Segment EBIT | $565 | $478 | $1,387 | $1,023 |
North America was the largest contributor to the improved performance, driven by stronger processing results, partially offset by lower refining. In South America, improved performance reflected stronger processing results in Argentina and Brazil, partially offset by lower fertilizer and refining results in both countries. Within the destination value chain, stronger processing results in Europe were partially offset by lower origination in South America and processing results in Asia. Global soybean oil merchandising results were lower than last year.
Lower processing volumes in South America and Asia were partially offset by higher volumes in Europe. Processing volumes in the U.S. were in line with last year.
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| (US$ in millions) | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2026 | Sep 30, 2025 |
| Volumes (in thousand metric tons) | ||||
| Softseeds processed | 3,606 | 3,129 | 10,377 | 7,270 |
| Softseeds merchandised | 743 | 1,032 | 3,445 | 1,142 |
| Refined softseed oil production | 872 | 711 | 2,619 | 2,102 |
| Net sales | $4,302 | $3,661 | $12,301 | $6,707 |
| Cost of goods sold | $(3,865) | $(3,372) | $(11,428) | $(6,264) |
| Selling, general and administrative expenses | $(70) | $(58) | $(194) | $(131) |
| Foreign exchange gains (losses) – net | $(8) | $11 | $40 | $43 |
| EBIT attributable to noncontrolling interests | $— | $(1) | $(3) | $(2) |
| Other income (expense) - net | $(4) | $(5) | $(10) | $(10) |
| Income (loss) from affiliates | $(2) | $— | $(4) | $(6) |
| Segment EBIT | $353 | $236 | $702 | $337 |
| Mark-to-market timing differences | (34) | 39 | 67 | 34 |
| Certain (gains) & charges | 10 | — | 10 | — |
| Adjusted Segment EBIT | $329 | $275 | $779 | $371 |
While all regions performed well, North America processing and refining were the primary drivers of the improvement. In Europe, stronger processing results were partially offset by lower refining and biodiesel results. In Argentina, processing and refining results were both lower. Global distribution results declined, partially offset by stronger canola origination in Canada and Australia. Softseed oils merchandising improved compared with last year.
Softseed processing volumes increased across all regions, supported by the more favorable margin environment.
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| (US$ in millions) | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2026 | Sep 30, 2025 |
| Volumes (in thousand metric tons) | 674 | 639 | 1,973 | 1,881 |
| Net sales | $1,295 | $1,207 | $3,782 | $3,442 |
| Cost of goods sold | $(1,220) | $(1,063) | $(3,481) | $(3,174) |
| Selling, general and administrative expenses | $(59) | $(57) | $(180) | $(176) |
| Foreign exchange (losses) gains – net | $— | $(2) | $(4) | $(5) |
| EBIT attributable to noncontrolling interests | $(1) | $(8) | $(12) | $(10) |
| Other income (expense) - net | $(2) | $— | $(6) | $(5) |
| Segment EBIT | $13 | $77 | $99 | $72 |
| Mark-to-market timing differences | 3 | (27) | (9) | 27 |
| Certain (gains) & charges | — | 1 | — | 1 |
| Adjusted Segment EBIT | $16 | $51 | $90 | $100 |
Results were lower in North America, Europe and Asia, primarily driven by near-term margin impacts associated with geopolitical trade disruptions, along with commissioning, ramp-up and plant transition costs related to both our tropical oils and soy protein concentrate businesses. Results from global tropical oils merchandising activities were higher than last year.
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| (US$ in millions) | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2026 | Sep 30, 2025 |
| Volumes (in thousand metric tons) | 23,806 | 24,080 | 74,216 | 40,972 |
| Net sales | $6,764 | $6,428 | $20,555 | $11,146 |
| Cost of goods sold | $(6,714) | $(6,285) | $(20,171) | $(10,845) |
| Selling, general and administrative expenses | $(133) | $(145) | $(389) | $(266) |
| Foreign exchange (losses) gains – net | $(19) | $(15) | $(75) | $(41) |
| EBIT attributable to noncontrolling interests | $(6) | $(1) | $(9) | $(6) |
| Other income (expense) - net | $21 | $37 | $88 | $263 |
| Income (loss) from affiliates | $13 | $2 | $24 | $3 |
| Segment EBIT | $(74) | $21 | $23 | $254 |
| Mark-to-market timing differences | 79 | 93 | 80 | 104 |
| Certain (gains) & charges | 82 | 6 | 95 | (149) |
| Adjusted Segment EBIT | $87 | $120 | $198 | $209 |
Higher results in global grain merchandising and commercial services were more than offset by lower results in ocean freight, sugar and wheat milling.
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| (US$ in millions) | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2026 | Sep 30, 2025 |
| Net sales | $1 | $2 | $3 | $4 |
| Cost of goods sold | $(27) | $(13) | $(30) | $(9) |
| Selling, general and administrative expenses | $(169) | $(275) | $(498) | $(538) |
| Foreign exchange gains (losses) – net | $6 | $(7) | $(2) | $8 |
| EBIT attributable to noncontrolling interests | $2 | $1 | $3 | $2 |
| Other income (expense) - net | $14 | $24 | $52 | $71 |
| Income (loss) from affiliates | $1 | $— | $(1) | $— |
| Corporate and Other EBIT | $(172) | $(268) | $(473) | $(462) |
| Certain (gains) & charges | 21 | 101 | 91 | 171 |
| Adjusted Corporate and Other EBIT | $(151) | $(167) | $(382) | $(291) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.