<SUBMISSION>
<ACCESSION-NUMBER>0000947871-03-000970
<TYPE>6-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20030407
<FILING-DATE>20030407
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>BUNGE LTD
<CIK>0001144519
<ASSIGNED-SIC>2070
<IRS-NUMBER>000000000
<FISCAL-YEAR-END>1231
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<FORM-TYPE>6-K
<ACT>34
<FILE-NUMBER>001-16625
<FILM-NUMBER>03641379
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>50 MAIN STREET
<CITY>WHITE PLAINS
<STATE>NY
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_040703.txt
<DESCRIPTION>REPORT OF FOREIGN ISSUER
<TEXT>


                                    FORM 6-K
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                        Report of Foreign Private Issuer

                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934

                                  April 7, 2003

                        Commission File Number 001-16625

                                  BUNGE LIMITED
                 (Translation of registrant's name into English)

                                 50 Main Street
                          White Plains, New York 10606
                    (Address of principal executive offices)

         Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:

                        Form 20-F    X    Form 40-F______
                                    ---

         Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):

         Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):

         Indicate by check mark whether by furnishing the information contained
in this Form the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                            Yes ________ No    X
                                              ---

         If "Yes" is marked, indicate below the file number assigned to the
registrant with Rule 12g3-2(b): 82-__________



<PAGE>




                                    EXHIBITS
                                    --------

Exhibit 1         Press release dated April 7, 2003 announcing Bunge Increases
                  Guidance for First Quarter Net Income








<PAGE>




                                   SIGNATURES
                                   ----------

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Date: April 7, 2003                                       Bunge Limited

                                                    By: /s/ William M. Wells
                                                        ------------------------
                                                        William M. Wells
                                                        Chief Financial Officer



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>3
<FILENAME>ex1_040703.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                       Exhibit 1

[LOGO]
                                        Contact:   Hunter Smith
                                                   Bunge Limited
                                                   1-914-684-3450
                                                   hsmith@bunge.com



              Bunge Increases Guidance for First Quarter Net Income

WHITE PLAINS, NY - April 7, 2003 - Bunge Limited (NYSE: BG), an integrated,
global agribusiness and food company, increased its projected net income for the
quarter ending March 31, 2003 to $30 to $35 million, or $0.30 to $0.35 per
share, from $25 to $30 million, or $0.25 to $0.30 per share. In the first
quarter of 2002 Bunge earned net income of $13 million, or $0.15 per share.

Bill Wells, Chief Financial Officer, stated: "We are experiencing strong
performance for the first quarter across most of our businesses, especially in
our South American oilseed processing and fertilizer businesses and our
international marketing operations, partially offset by weakness in North
American oilseed processing.

We are projecting our 2003 second quarter net income to be within a range of $55
to $60 million, or $0.55 to $0.60, per share. For the full year 2003, we are
reaffirming our guidance of $260 to $270 million, or $2.62 to $2.72 per share.
This does not include any potential positive effects from the closing of our
Solae joint venture with DuPont."

About Bunge Limited

Bunge Limited (www.bunge.com) is an integrated, global agribusiness and food
company operating in the farm-to-consumer food chain with worldwide distribution
capabilities and primary operations in North America, South America and Europe.
Headquartered in White Plains, New York, Bunge has over 24,000 employees and
locations in 28 countries. Bunge is the largest processor of soybeans in the
Americas, the world's leading oilseed processing company, the largest producer
and supplier of fertilizers to farmers in South America and the world's leading
seller of bottled vegetable oils to consumers.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains both historical and forward-looking statements. All
statements, other than statements of historical fact are, or may be deemed to
be, forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. These forward-looking statements are not based on
historical facts, but rather reflect our current expectations and projections
about our future results, performance, prospects and opportunities. We have
tried to identify these forward-looking statements by using words including
"may," "will," "expect," "anticipate," "believe," "intend," "estimate" and
"continue" and similar expressions. These forward-looking statements involve
known and unknown risks, uncertainties and other factors that could cause our
actual results, performance, prospects or opportunities to differ materially
from those expressed in, or implied by, these forward-looking statements. The
following important factors, among others, could affect our business and
financial performance: estimated demand for commodities and other products that
we sell and use in our business; industry conditions, including the cyclicality
of the agribusiness industry; economic and political conditions; our ability to
complete, integrate and benefit from acquisitions, divestitures, joint ventures
and alliances; and other economic, business, competitive and/or regulatory
factors affecting our business generally. The forward-looking statements
included in this release are made only as of the date of this release, and
except as otherwise required by federal securities law, we do not have any
obligation to publicly update or revise any forward-looking statements to
reflect subsequent events or circumstances.


</TEXT>
</DOCUMENT>
</SUBMISSION>
