POWERING EFFICIENCY, FUELING GROWTH | page 3 of 3
...WITH CUSTOMERS IN VIETNAM

4. A ship unloads commodities for inland transport by truck and river barge.

5. Customers in Vietnam, like GreenFeed in Long An province, take delivery of Bunge-sourced commodities, which they use as raw materials in animal feed and other products.

"Phu My is helping to bring more efficient logistics to Vietnam," says Horst Guenther, Bunge's general manager for Southeast Asia distribution. "The results are a more consistent commodity flow into the nation at very competitive values."

Among the barges that load Bunge soybean meal at Phu My are those that transport it upriver to GreenFeed, a fast-growing commercial animal feed company. By providing a consistent supply of high-quality raw materials, Bunge is helping GreenFeed meet rising demand.

As populations increase and living standards improve in the years to come, tens of millions of tons of additional agricultural commodities will be needed to satisfy demand in Vietnam and other developing nations. Bunge's focus on logistics, therefore, is constant.

"Bunge's investment in Phu My is helping to fuel growth in Vietnam and Argentina," notes Horst. "Our port operations and our global logistics management give us a unique position in the market and help us—and customers like GreenFeed—keep pace with the rapid development of the region."

BUNGE LOGISTICS CREATE VALUE

Bunge's logistics network extends from the world's most productive agricultural regions in North America, South America and Europe to customers across the globe. Each year, we move tens of millions of tons of agricultural commodities from origin to destination via trucks, railcars, barges, boats and freighters. Efficiency gains in logistics management unlock value for our company and our customers. Bunge's logistics are complemented by a communications network that integrates trading, freight and logistics personnel in the Americas, Europe and Asia. Information about commodity prices, demand and availability flows around the clock to help us coordinate the best combination of logistics to serve the needs of our customers, at both ends of the production chain.