Bunge Limited · NYSE:BG

Bunge — Investor Presentation (2005)

36 slides from Bunge's investor presentation, 2005

  1. Slide 1: Partnering for the Future

    Partnering for the Future Alberto Weisser Chairman and Chief Executive Officer © 2005 Bunge Limited

  2. Slide 2: Johann Peter Gottlieb Bunge

    Johann Peter Gottlieb Bunge © 2005 Bunge Limited

  3. Slide 3: Antwerp White Plains 1859 1999

    Antwerp White Plains 1859 1999 © 2005 Bunge Limited

  4. Slide 4: Bunge's Global Footprint

    Bunge’s Global Footprint Future Consumption Growth Leader in Key Production Regions #1 in Soybean Meal Imports #1 in Soy Product Imports Bunge Sites © 2005 Bunge Limited

  5. Slide 5: Bunge in Europe

    Bunge in Europe Activities Grain and Oilseed origination, marketing and sales Oilseed processing Bottled oils Biodiesel European HQ Switzerland © 2005 Bunge Limited

  6. Slide 6: Global Trade is Increasing

    Global Trade is Increasing Source: USDA © 2005 Bunge Limited

  7. Slide 7: World Food Needs Continue to Grow

    World Food Needs Continue to Grow 5% p.a. p.a. in g at 1 .3 wing at 1 . 4% Grow 6,449 6,812 Gro 6,676 6,079 6,080 5,685 5,748 5,275 5,120 5,260 4,932 4,832 1986 1990 1995 2000 2005 2010 1986 1990 1995 2000 2005 2010 World Population World Per Capita Income (millions) 1995 US$ Source: World Bank © 20

  8. Slide 8: Higher Incomes Lead to Better Diets

    Higher Incomes Lead to Better Diets World Per Capita Meat Consumption (Kgs) 42.1 p.a. 39.7 1 .2% g at rowin 37.8 G 35.4 33.7 31.2 1985 1990 1995 2000 2005 2010 Source: FAO, Bunge © 2005 Bunge Limited

  9. Slide 9: Fastest Growth in Meat Consumption Occurs When Income is Less Than $5000

    Fastest Growth in Meat Consumption Occurs When Income is Less Than $5000 Per Year Total Daily Meat & Fish Calories by Income 600 Total Daily Meat & Fish Calories 500 Consumed per Capita 400 300 200 100 - - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Annual Income Per Capita in 1995 US$ Source: F

  10. Slide 10: Fastest Growth in Meat Consumption Occurs When Income is Less Than $5000

    Fastest Growth in Meat Consumption Occurs When Income is Less Than $5000 Per Year 83% Total Daily Meat & Fish Calories by Income Total Daily Meat & Fish Calories 600 Argentina Consumed per Capita 500 China US EU NE Asia Oceania Canada 400 Mercosur E. Europe Brazil 300 World C Am erica 200 FSU Andean

  11. Slide 11: China Has Water Problems

    China Has Water Problems Norway 83.7 Argentina World East Asia & Pacific Spain China 0 2 4 6 8 10 Source: Economist © 2005 Bunge Limited

  12. Slide 12: Share of Global Soymeal Consumption by Region

    Share of Global Soymeal Consumption by Region 1998 2005 Others, 11% Middle East, Middle 1% East, 2% Others, 10% SE Asia, 5% SE Asia, 6% Americas, Americas, 34% 31% NE Asia, 8% NE Asia, 6% China, 9% China, 18% Europe, Europe, 33% 28% Source: Bunge © 2005 Bunge Limited

  13. Slide 13: Growth Markets for Soy Production

    Growth Markets for Soy Production Global Soybean Production (millions of metric tons) % : 7.6 127 GR CA 9% R : 2. CAG 78 81 78 1.5% 51 CAGR: 39 34 27 28 U.S. South America Rest of World 1994 2002 2010 Source: USDA © 2005 Bunge Limited

  14. Slide 14: Projected Global Grain Exports

    Projected Global Grain Exports 15 15 31 27 Others 30 30 27 Australia and SAF 25 30 26 Eastern Europe 16 21 South America 18 21 EU 15 121 133 North America 105 2003/04 2009/10 2014/15 Source: USDA © 2005 Bunge Limited

  15. Slide 15: Poultry Exports

    Poultry Exports 9,000 8,000 7,000 ‘000s MT 6,000 5,000 4,000 3,000 2,000 1,000 0 1985 1990 1995 2000 2005 Brazil US EU Thailand China Others Source: FAO © 2005 Bunge Limited

  16. Slide 16: Change in Grain and Soy Production in Principal Origins 2004/05-2010

    Change in Grain (corn & wheat) and Soy PRODUCTION in Principle Origins 2004/05-2010 5 14 22 5 3 35 23 Soy Grain © 2005 Bunge Limited Source: Bunge

  17. Slide 17: Increasing Volumes in Brazil

    Increasing Volumes in Brazil 23 15 2003 2014 Fertilizer Imports 80 41 2003 2014 Soya & Corn Exports Source: USDA, Bunge © 2005 Bunge Limited

  18. Slide 18: U.S. Logistics Need Improvement

    U.S. Logistics Need Improvement • Locks are too small and 20-30 years past intended life span • Aging barge fleet • Tight railcar market Source: Bunge © 2005 Bunge Limited

  19. Slide 19: Change in Grain and Soy Consumption in Principal Markets 2004/05-2010

    Change in Grain (corn & wheat) and Soy CONSUMPTION in Principle Markets 2004/05-2010 20 32 14 9 6 4 4 1 4 4 23 3 Soy Grain © 2005 Bunge Limited Source: Bunge

  20. Slide 20: Rising Commodity Trade

    Rising Commodity Trade Iron Ore, Total Seaborne Trade Quarterly - Forecast from 04.1 720 700 680 660 640 Mill. tons, annual rate 620 600 580 560 540 520 500 480 460 440 420 400 380 360 99,1 00,1 01,1 02,1 03,1 04,1 05,1 06,1 07,1 4.qtr.Base 1.qtr.Base Source: Via Mar AS © 2005 Bunge Limited

  21. Slide 21: Volatile Ocean Freight

    Volatile Ocean Freight Baltic Panamax Index 7000 6000 5000 4000 3000 2000 1000 0 03 04 03 03 03 04 04 04 04 04 05 05 /1/ /1/ / / / / / / / / / / 5/1 7/1 9/1 1/1 3/1 5/1 7/1 9/1 1/1 3/1 11 11 © 2005 Bunge Limited

  22. Slide 22: Growth in Commodity Investment

    Growth in Commodity Investment 40 Goldman Sachs estimates close to $40 billion is 35 invested globally in commodity indices. 30 25 USD ($in Bn)* 20 15 10 5 0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 GSCI Other Commodity Indices Source: Goldman Sachs * Investment in $bill

  23. Slide 23: Increasing Biodiesel Production in Europe

    Increasing Biodiesel Production in Europe 8 7.15 7 6 5.34 5.3 5 MMT 4 3 2.55 2 1 0 2005 2015 Source: LMC Rapeoil Biodiesel © 2005 Bunge Limited

  24. Slide 24: 2004: A Volatile Year

    2004: A Volatile Year Soy Pellets: Brazil- Rotterdam 350.00 60 CBOT FOB BASIS FREIGHT 300.00 50 250.00 Thousands US$ / per day 200.00 40 US$ / MT 150.00 100.00 30 50.00 20 0.00 -50.00 10 Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- -100.00 03 03 03 03 03 04 04 04 04 04 04 04

  25. Slide 25: People Trust NGOs

    People Trust NGOs How much do you TRUST institutions to do what is right? 60% 40% 20% 0% 2001 2002 2003 2004 2005 Business Government Media NGOs Source: Edelman © 2005 Bunge Limited

  26. Slide 26: Food Safety Concerns and Controls

    1990’s Mad Cow Disease Dioxin Avian Flu, Etc. TO ISO 9000, GMP, HACCP, TrusQ GMO Control Other Non-Mandatory Controls © 2005 Bunge Limited

  27. Slide 27: Rapid Global Adoption

    Rapid Global Adoption Global Area of Biotech Crops Area of Major Biotech Crops (million hectares) (million hectares) 60 81 Soybean M aize 67.7 50 Cotton Canola 58.7 52.6 40 44.2 39.9 30 27.8 20 11 10 1.7 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 1996 1997 1998 1999 2000 2001 2002 2003 2004 Sour

  28. Slide 28: New Specialty Meals?

    New Specialty Meals? More: Energy Available phosphorus Methionine Less: Enteritis-inducing carbs © 2005 Bunge Limited

  29. Slide 29: Building an Integrated Chain

    Building an Integrated Chain Iowa Illinois Indiana Ohio Missouri Target Regions: Central Iowa and Ohio © 2005 Bunge Limited

  30. Slide 30: Partnering with the Industry

    Partnering with the Industry © 2005 Bunge Limited

  31. Slide 31: Integrated Operating Model

    Integrated Operating Model Fertilizer Agribusiness Food Products Retail Products Grain Oilseed Food Retail and Nutrients and Processing Consumer Origination Processing Services © 2005 Bunge Limited

  32. Slide 32: Improving Inland Logistics

    Improving Inland Logistics © 2005 Bunge Limited

  33. Slide 33: Managing Ocean Freight

    Managing Ocean Freight © 2005 Bunge Limited

  34. Slide 34: Bunge/DuPont Biotech Alliance

    Bunge/DuPont Biotech Alliance Genetics Seed Growers Origination Processing Sales DuPont/Pioneer Bunge An effective development and delivery system for soy products © 2005 Bunge Limited

  35. Slide 35: Partnering for Education

    Partnering for Education Improves primary education in Brazil Employees volunteer 2 hours per week on company time Program has expanded since 2003 2003 2004 Volunteers 400 800 Students 4,300 8,000 Teachers 190 350 Interest in reading up 60% School attendance up 12% © 2005 Bunge Limited

  36. Slide 36: Partnering for Sustainability

    Partnering for Sustainability The Cerrado •Partnership with Conservation International •Working with farmers to build a network of conservation reserves © 2005 Bunge Limited

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