Bunge Limited processes and trades agricultural commodities, including oilseeds like soybeans, that it processes into vegetable oils, animal feed and other food ingredients, operating grain elevators, processing plants and shipping logistics across major agricultural regions worldwide. The company sits between farmers who grow raw crops and the food, feed and biofuel manufacturers who need processed agricultural ingredients, earning margins on the storage, transportation and processing services it provides along that global supply chain. Bunge's profitability depends partly on crush margins, the spread between the cost of raw oilseeds and the value of the processed oil and meal products that come from them. The company's results can be affected by weather-driven crop yields across the many countries where it sources commodities, global trade policy affecting agricultural exports, and swings in commodity prices that influence both its input costs and the value of what it sells.