US Opens Way for Brazil Used Cooking Oil in Blow for Farmers [BNN Bloomberg (Canada)]
Bunge Limited Common Shares (BG)
Last bunge limited common shares earnings: 2/12 06:00 am
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Source: BNN Bloomberg
The US has recognized international certification for Brazil's compliance with some sanitary and technical standards, according to a joint statement from the South American country's ministries of foreign affairs and agriculture. To meet US requirements, Brazil's government will issue certification of traceability, identity and origin of used cooking oil, or UCO. The move comes at a time when the US is being flooded with low-carbon feedstocks including waste oil and tallow for production of green diesel. That has weighed on prices for soybean oil, which is also used to make renewable fuel, eroding profits for companies such as Bunge Global SA and Archer-Daniels-Midland Co. and jeopardizing expansion plans. US imports of used cooking oil more than tripled in 2023 from a year earlier, with more than half coming from China, according to the US International Trade Commission. The increase from China has stirred speculation that some imports may not be authentic and instead are mixed
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News
- Bunge Limited Finance Corp. Announces Results of Early Participation in Exchange Offers and Consent SolicitationsBusiness Wire
- Specialty Oils Market Size to Surpass USD 414.7 Billion by 2031, Driven by Rising Demand for Health Benefits | States Transparency Market Research, Inc. [Yahoo! Finance]Yahoo! Finance
- Bunge Global announces pricing of $2B senior notes offering [Seeking Alpha]Seeking Alpha
- Bunge Global SA Announces Pricing of $2.0 Billion Senior Notes Offering [Yahoo! Finance]Yahoo! Finance
- Bunge Global SA Announces Pricing of $2.0 Billion Senior Notes OfferingBusiness Wire
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- 7/31/24 - Miss
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- 9/12/24 - Form 424B2
- BG's page on the SEC website