02 Aug 2019 --- Bunge’s second-quarter profits have been boosted by its investment in plant-based burger maker Beyond Meat. The grain and oilseed giant’s 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 trade situation, this has altered both typical trade flows and producer marketing patterns.
