Bunge shares take hit on difficult Q4

ST. LOUIS — Weak oilseed processing margins — particularly in South America — weighed on Bunge Global SA’s core Agribusiness segment during the fourth quarter, dragging down quarterly earnings and contributing to a nearly 50% drop in full-year net income for the St. Louis-based company in fiscal 2024.Gregory A. Heckman, chief executive officer of Bunge, told analysts during a Feb. 5 conference call that while the…