The companies said they will adopt a blockchain platform that was successfully tested to trace soy and soy meal originated by Bunge in Brazil and supplied to Bangkok Produce Merchandising (BKP) and Charoen Pokphand Foods (CPF) for food and animal feed production in Thailand and other Southeast Asian countries. The blockchain platform was developed by Bunge in partnership with Justoken, a Bunge Ventures portfolio company specializing in blockchain infrastructure. Since 2023, Bunge and Bangkok-based CP have collaborated on technical, operational and commercial feasibility studies for sustainable and digitally integrated supply chains. In 2024, the partnership validated traceability in a pilot involving a shipment of approximately 375,000 tonnes of soy meal. Thiti Lujintanon, chief executive officer of BKP, said “partnerships with global agriculture leaders like Bunge will enhance CP’s supply chain and ensure CP stays competitive in a global market.