Profit was down 12.7% for the nine months ended Dec. 31 compared to the same time period a year earlier.

Company during analyst call said it will not comment on possible takeover of Bunge.

Along with four NGOs, company hopes to improve sustainability and accountability of the industry.

Feed group calls for clarification and alignment in FSMA, speedier review processes and elimination of duplicative requirements.

He said the USDA's job is not to pick winners or losers but to make a fertile environment in which agriculture companies can do business.

Attendees note business is improving across the globe with notable projects in Ukraine, Latin America and Europe.