date:Aug 05, 2019
Bunges second-quarter profits have been boosted by its investment in plant-based burger maker Beyond Meat. The grain and oilseed giants results include US$135 million net unrealized gain on Bunge Ventures stake in the pioneering meat substitutes producer. The Q2 results were in line with company expectations, however, during a conference call, Bunge CEO Greg Heckman warned that African swine fever (ASF) continues to impact Chinese demand for soy meal, and combined with the unresolved US-China tr