<SUBMISSION>
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<STREET1>50 MAIN STREET
<CITY>WHITE PLAINS
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<FILENAME>f6k_120203.txt
<DESCRIPTION>FORM 6-K
<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


                                December 2, 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>



This report on Form 6-K, with the exception of the last sentence of the second
paragraph of Exhibit 1, shall be incorporated by reference into the Registration
Statements on Form F-3 (Registration Nos. 333-104974, 333-106182, 333-107376,
333-108441-01 and 333-109309), as amended, and the Registration Statement on
Form F-4 (Registration Statement No. 333-108462), as amended, filed by Bunge
Limited Finance Corp. and Bunge Limited under the Securities Act of 1933, as
amended, and the Registration Statements on Form S-8 (Registration Nos.
333-66594, 333-75762, 333-76938 and 333-109446) filed by Bunge Limited under the
Securities Act of 1933, to the extent not superseded by documents or reports
subsequently filed under the Securities Act of 1933 or the Securities Exchange
Act of 1934, as amended.


<PAGE>


                                  EXHIBIT INDEX

Exhibit 1     Press release, dated December 2, 2003, announcing the sale of
              Bunge North America's bakery business to Dawn Food Products.



<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.



                                                  BUNGE LIMITED





Date: December 2, 2003                            By:  /s/ William M. Wells
                                                      --------------------------
                                                       William M. Wells
                                                       Chief Financial Officer




</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>ex99-1tof6k_120203.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                       Exhibit 1


                                        Contact:  Susie Ter-Jung
                                                  Bunge Limited
                                                  1-914-684-3398
                                                  Susie.ter-jung@bunge.com


                        Bunge Limited Subsidiary to Sell
                      Bakery Business to Dawn Food Products

WHITE PLAINS, NY - December 2, 2003 - Bunge Limited (NYSE: BG) today announced
that its subsidiary Bunge North America has entered into a definitive asset
purchase agreement to sell its bakery business to Dawn Food Products, Inc., of
Jackson, Michigan. The sale includes the facilities that manufacture, market and
sell mixes, frozen dough, syrups and toppings. The sale is expected to close by
year-end, pending regulatory approval and customary closing conditions.

Cash proceeds from the transaction are expected to be approximately $76 million.
After transaction-related expenses of approximately $2 million, Bunge expects to
recognize a gain on the sale of approximately $4 million, or approximately $0.04
per fully diluted share. Bunge's earnings guidance for the fourth quarter of
2003 of $59 million to $69 million, or $0.58 to $0.68 per fully diluted share,
based on 100.9 million fully diluted shares, did not include this gain.

About Bunge

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.
Founded in 1818 and headquartered in White Plains, New York, Bunge has 24,000
employees and locations in 29 countries. Bunge is 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.

About Bunge North America

Bunge North America (www.bungenorthamerica.com), the North American operating
arm of Bunge Limited, is a vertically integrated food and feed ingredient
company, supplying raw and processed agricultural commodities and specialized
food ingredients to a wide range of customers in the livestock, poultry, food
processor, foodservice and bakery industries. With headquarters in St. Louis,
Missouri, Bunge North America and its subsidiaries operate grain elevators,
grain and oilseed processing plants, edible oil refineries and food processing
facilities in the U.S., Canada and Mexico.


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: our ability to complete, integrate and benefit from
acquisitions, divestitures, joint



<PAGE>



ventures and alliances; 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 in the primary
markets where we operate; 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>
