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RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2011
RELATED PARTY TRANSACTIONS 
RELATED PARTY TRANSACTIONS

 

 

15.                               RELATED PARTY TRANSACTIONS

 

Bunge purchased soybeans, other commodity products and phosphate-based products from certain of its unconsolidated joint ventures, which totaled $227 million and $136 million for the three months ended September 30, 2011 and 2010, respectively, and $640 million and $408 million for the nine months ended September 30, 2011 and 2010, respectively.  Bunge also sold soybean commodity products and other commodity products to certain of these joint ventures, which totaled $131 million and $115 million for the three months ended September 30, 2011 and 2010, respectively, and $331 million and $344 million for the nine months ended September 30, 2011 and 2010, respectively.  Bunge believes these transactions are recorded at values similar to those with third parties.