Nov 5 (Reuters) - Grain trader Bunge beat Wall

Street estimates for third-quarter adjusted profit on Wednesday,

boosted by the closing of its acquisition of Viterra and by a

recovery in processing margins and higher volumes of crop sales.

The world's largest oilseed processor's quarterly

performance was also helped by a drop in soybean prices.

"In our first full quarter since closing the Viterra

transaction, our combined team delivered strong results in a

complex market and regulatory environment," CEO Greg Heckman

said.

Bunge completed its merger with Glencore ( GLCNF )-backed

Viterra in July, two years after announcing the $34 billion

mega-deal.

Net sales from the company's soybean processing and refining

were up at $10.86 billion in the reported quarter, from $7.86

billion a year ago.

The company posted an adjusted profit of $2.27 per share for

the three months ended September 30, compared with analysts'

average estimate of $2.09 per share, according to data compiled

by LSEG.