date:May 05, 2014
Harsh U.S. weather and geopolitical turmoil in Ukraine have humbled a third global grain trader as Bunge Ltd reported a surprise loss for the first quarter on Thursday, saying it had bet wrongly on a drop in wheat prices.
The world's biggest agricultural traders, including Archer Daniels Midland Co and Cargill Inc, were slammed by a series of exceptional events in the first part of the year, from a severe winter polar vortex in the United States to the rejection of corn imports in China.
Bunge