Global trading companies like Archer-Daniels-Midland and Bunge are reporting that tariff uncertainties and trade questions have taken a toll on first-quarter profits.
Reuters says those companies also say continued tariff and trade uncertainty could affect their bottom lines through the rest of this year. ADM posted its weakest first-quarter profit in five years and warned of diminished returns due to President Donald Trump’s efforts to “redraw the global markets.” Grain trader and processor Bunge Global posted a smaller-than-expected first-quarter profit drop as anxiety over rising tariffs boosted export demand for its products.
Bunge also reaffirmed its prior 2025 earnings guidance but said its outlook for agribusiness, its largest segment, would be weaker than previously expected. If realized, it would be Bunge’s worst annual profit since 2019. Crop handler Andersons Inc. saw tariffs and port fees upend trade and put pressure on its first-quarter results.
