(Reuters) -U.S. grain trader and processor Bunge on Wednesday revised its full-year adjusted profit forecast to reflect the impact of its $34 billion acquisition of grain handler Viterra in the third quarter.

Shares of the company rose 2.8% in premarket trading.

In July, Bunge completed its merger with Glencore-backed Viterra, two years after announcing the mega-deal.

The merger with the Netherlands-based Viterra creates a global crop trading and processing giant that is poised to rival agribusiness giants Archer-Daniels-Midland and Cargill.

The deal came at a time when slumping grain prices, weak crop-processing margins and geopolitical tensions have eroded profitability in the sector.

The company now expects an adjusted earnings per share to be between $7.30 to $7.60 in 2025, compared with $7.75 per share forecast earlier. Analysts estimate the company's full-year adjusted profit per share at $7.47, according to data compiled by LSEG.