Iran War Boosts Biofuels, Lifts Bunge, ADM

Rising crude oil and soybean oil prices, driven by Iran war, push North American soy crush margins to highest since 2022.
EPA’s new biofuel blending mandates boost demand for oilseed processors, prompting analysts to lift 2026 profit forecasts for Bunge and ADM.
Stephens Inc raises Bunge’s Q1 EPS estimate to $0.93, trims ADM’s to $0.62, while both firms expect lower Q1 earnings YoY.
Bunge projects 2026 adjusted profit $7.50‑$8.00 per share; ADM forecasts $3.60‑$4.25 per share, reflecting strong oilseed outlook.