date:May 05, 2014
lion in the quarter.
Earlier this week, ADM reported a 19-percent decline in its core grain merchandising and handling operations, following Cargill's 28-percent drop in overall profit early in April.
Bunge's sugar-milling business, which it has been trying to sell since late in 2013, was hurt by hedging losses and higher milling costs due to an earlier start to Brazil's milling season this year.
Its sugar and bioenergy segment lost $64 million in the quarter, after earning a profit of $23 mi