Bunge Global SA BG announced that it signed a definitive agreement with Grain Craft to sell its North America dry corn and corn masa milling businesses. This move is in sync with Bunge Global’s decision to focus on core business.

Under the terms of the agreement, Grain Craft, which is one of the largest independent flour millers in the United States, will acquire Bunge Global’s facilities in Danville, IL; Worthington, IN; Crete, NE; Red Oak, IA; Muleshoe, TX; Atchison, KS; and Queretaro, MX. The sale is subject to regulatory approvals and usual closing conditions.

BG’s Agribusiness Performance in Q4

The Agribusiness segment’s sales declined 9.5% year over year in the fourth quarter of 2024 to $9.8 billion. Volumes were 19,965 thousand metric tons compared with 20,522 thousand metric tons in the year-ago quarter. Adjusted operating profit for the segment declined 43% year over year to $364 million as improved results in merchandising business were negated by lower processing results.

The processing business’ adjusted operating profit plunged 59% year over year to $241 million. Higher soy crush results in Europe and Asia were offset by lower results in North America and South America, as well as European softseeds. Results also included the impacts of a business interruption insurance recovery of $38 million related to Ukrainian operations.

Bunge Global’s Moves to Aid Growth

On March 25, 2025, the company announced that it signed a deal with Vandemoortele to sell its European margarine and spreads business. This will include the sale of BG’s margarine and spreads business in Germany, Finland, Poland and Hungary, as well as its spreads and margarine manufacturing sites, and a portfolio of 20 consumer brands. 

At the end of the fourth quarter of 2024, the company stated that it was progressing on the integration planning for the announced combination with Viterra. The combination has received the vast majority of regulatory approvals, and Bunge Global expects to close the deal soon. The merged entity will boast an enhanced global network with a diversified agriculture network covering all major crops.

BG Stock’s Price Performance

Shares of the company have lost 25.5% over the past year compared with the industry's 11.5% decline.

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Bunge Global’s Zacks Rank & Stocks to Consider

BG currently carries a Zacks Rank #4 (Sell).

Some better-ranked stocks from the basic materials space are Carpenter Technology Corporation CRS, Idaho Strategic Resources IDR and DRDGOLD Limited DRD. CRS flaunts a Zacks Rank #1 (Strong Buy), and IDR and DRD have a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

Carpenter Technology has an average trailing four-quarter earnings surprise of 15.7%. The Zacks Consensus Estimate for CRS 2025 earnings is pegged at $6.95 per share. Carpenter Technology shares surged 124.5% in the last year.

Idaho Strategic Resources has an average trailing four-quarter earnings surprise of 77.5%. The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating year-over-year growth of 16.4%. Idaho Strategic shares soared 90.4% in the last year.

The Zacks Consensus Estimate for DRDGOLD’s 2025 earnings is pegged at $1.06 per share, indicating year-over-year growth of 29.8%. DRD shares jumped 96.5% in the last year.

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