Bangkok – Sept. 15, 2025 – Bunge (NYSE: BG) and Bangkok Produce Merchandising Public Company Limited, a subsidiary of Charoen Pokphand Group (CP Group), today signed a Memorandum of Understanding for a strategic partnership that marks an unprecedented advance in agricultural commodity supply chain transparency. Following successful testing of a blockchain platform for soy traceability, the companies will adopt this solution for soy and soy meal originated by Bunge in Brazil and supplied to Bangkok Produce Merchandising (BKP) and Charoen Pokphand Foods (CPF) for food and animal feed production in Thailand and other Southeast Asian countries.
The companies also plan to develop innovative solutions for system integration to enhance visibility and transparency across agricultural commodity supply chains, as well as collaborating on low-carbon initiatives with supply chain-wide impact, in line with CP Group's ambition to achieve net-zero emissions by 2050 and leveraging Bunge's experience in leading regenerative agriculture initiatives.
Since 2023, Bunge and CP have collaborated on technical, operational, and commercial feasibility studies for sustainable and digitally integrated supply chains. Last year, the partnership validated traceability in a pilot involving a shipment of approximately 375,000 metric tons of soy meal. With the current agreement, the solution will be adopted at scale.
“With the blockchain platform, we are creating a direct and verifiable connection between our food production and end customers, providing comprehensive information on our responsible supply chains and ensuring that every link in the chain contributes to a more transparent and trustworthy future. The success of the pilot has also enabled us to expand our commercial commitment with CP, developing other business avenues, such as Regenerative Agriculture,” said Julio Garros, Bunge's Co-Chief Operating Officer.
Thiti Lujintanon, Chief Executive Officer of Bangkok Produce Merchandising said “partnerships with global agriculture leaders like Bunge, will enhance CP’s supply chain and ensure CP stays competitive in a global market. The expansion of collaboration will include access to advanced logistics, digital platforms, and sustainable sourcing models that improve efficiency, reduce costs, and open new markets for both parties. We are looking for long-term business growth that can deliver consistent value to our customers across the globe.”
The partnership’s expansion in 2025 will also include comprehensive trade agreements on upstream operations, like procurement of key agricultural raw materials, joint development of efficient procurement processes, and transportation improvements, to downstream CP animal feed plants.
The blockchain platform was developed by Bunge in partnership with Justoken, a Bunge Ventures portfolio company specializing in blockchain infrastructure.
About Bunge
At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. As a premier agribusiness solutions provider, our team of ~37,000 dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland and its corporate headquarters in St. Louis, Missouri. Learn more at Bunge.com.
About Bangkok Produce Merchandising Public Company Limited
Bangkok Produce Merchandising PCL (BKP), a Feed Ingredient Trading Business Unit of Charoen Pokphand Foods Public Company Limited (CP Foods)., aims to be a sustainability leader by developing a foundation of the best practices of sustainability throughout the supply chain.
Cautionary Statement Concerning Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements to encourage companies to provide prospective information to investors. This press release includes forward-looking statements that reflect our current expectations and projections about our future results, performance, prospects and opportunities. Forward-looking statements include all statements that are not historical in nature and may include, among other things, statements relating to our partnerships across the globe. We have tried to identify these forward-looking statements by using words including but not limited to "may," "will," "should," "could," "expect," "anticipate," "believe," "plan," "intend," "estimate," "continue" and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause our actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. The following factors, among others, could cause actual results to differ from these forward-looking statements: the impact on our employees, operations, and facilities from the war in Ukraine and the resulting economic and other sanctions imposed on Russia, including the impact on us resulting from the continuation and/or escalation of the war and sanctions against Russia; the effect of weather conditions and the impact of crop and animal disease on our business; the impact of global and regional economic, agricultural, financial and commodities market, political, social and health conditions; changes in government policies and laws affecting our business, including agricultural and trade policies, financial markets regulation and environmental, tax and biofuels regulation; the impact of seasonality; the impact of government policies and regulations; the outcome of pending regulatory and legal proceedings; our ability to complete, integrate and benefit from acquisitions, divestitures, joint ventures and strategic alliances, including without limitation Bunge’s recent business combination with Viterra; the impact of industry conditions, including fluctuations in supply, demand and prices for agricultural commodities and other raw materials and products that we sell and use in our business, fluctuations in energy and freight costs and competitive developments in our industries; the effectiveness of our capital allocation plans, funding needs and financing sources; the effectiveness of our risk management strategies; operational risks, including industrial accidents, natural disasters, pandemics or epidemics, wars and cybersecurity incidents; changes in foreign exchange policy or rates; the impact of our dependence on third parties; our ability to attract and retain executive management and key personnel; and other factors affecting our business generally.
The forward-looking statements included in this release are made only as of the date of this release, and except as otherwise required by federal securities law, we do not have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances.
Refer to "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 20, 2025.
Connecting farmers to consumers to deliver essential food, feed and fuel to the world.
© 2026 Bunge.
