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Bunge CEO Says He’s ‘Not Yet Concerned’ on Black-Sea Crop Damage

Bunge Ltd. Chief Executive Officer Alberto Weisser said he’s “not yet concerned” about crops in Ukraine and Russia because it’s too early in the season to judge the scale of any potential weather damage.

“It’s very early to say, but it should be OK, Russia and Ukraine,” Weisser said on a conference call today. “There are some doubts, like always, about weather. Is there going to be a winter kill or not? It was a little bit dry in Ukraine during planting season. But there might be, it’s early to say.”

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