                                                                       Exhibit 1

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

Bunge Announces Pricing of Senior Notes Offering

WHITE PLAINS, N.Y., April 7 -- Bunge Limited (NYSE: BG - News) announced today
that it has priced an offering pursuant to Rule 144A and Regulation S of the
Securities Act of 1933, as amended, of $500 million aggregate principal amount
of 5.35% senior notes due 2014. The senior notes will be issued by Bunge's
wholly owned subsidiary, Bunge Limited Finance Corp., and guaranteed by Bunge.

Bunge intends to use the net proceeds from the offering to reduce outstanding
indebtedness.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any securities. The senior notes have not been registered under
the Securities Act and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.

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. Founded in 1818 and headquartered in White Plains, New York, Bunge
has 23,000 employees and locations in 30 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.

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 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.

