Exhibit 21.1
SUBSIDIARIES OF BUNGE LIMITEDi
U.S.A
AGRI-Bunge, LLC*
Bunge North America (East), L.L.C.
Bunge North America Foundation
Sabina Bunge, LLC*
Bunge North America, Inc.
Bunge Milling, Inc.
The Crete Mills, Inc.
Lauhoff Finance Corporation
Bunge Oils, Inc.
Bunge North America (OPD West), Inc.
Bunge Mexico Holdings, Inc.
Bunge North America Capital, Inc.
Bunge Mextrade, L.L.C.
Delphos Terminal Company, Inc.
CSY Holdings, Inc.
CSY Agri-Finance, Inc.
Universal Financial Services, L.P.*
Batavia Leasing Company*
Bunge Chicago, Inc.
International Produce, Inc.
Bunge N.A. Holdings, Inc.
Bunge Global Markets, Inc.
Bunge Finance North America, Inc.
Bunge Management Services Inc.
Bunge Funding, Inc.
Bunge Asset Funding Corp.
Bunge Limited Finance Corp.
Solae Holdings LLC*
Bunge Canada Investments, Inc.
DDO Processing, LLC*
Biofuels Company of America, LLC*
Bunge Biphor, LLC
Bunge Ergon Vicksburg, LLC*
Bunge Latin America, LLC
EGT Development, LLC*
Renewable Energy Group, Inc.*
Riverstone-Bunge Biofuels LLC*
Southwest Iowa Renewable Energy, LLC*
Greenfield Finance Corporation
CANADA
Bunge of Canada Ltd.
Bunge Canada
Bunge Canada Holdings I ULC
Bunge Canada Holdings II ULC
CF Oils Investments Inc.
Leblanc & Lafrance Inc.
Neptune Bulk Terminals (Canada) Ltd.*
MEXICO
Controladora Bunge, S.A. de C.V.
Agroproductos Bunge, S.A. de C.V.
Harinera La Espiga, S.A. de C.V.*
Inmobiliaria A. Gil, S.A.*
Inmobiliaria Gilsa, S.A. *
Servicios Bunge, S.A. de C.V.
Molinos Bunge, S.A. de C.V.
Bunge Comercial, S.A. de C.V.
BERMUDA
Ceval Holdings Ltd.
Brunello Ltd.
Greenleaf, Ltd.
Bunge Finance Limited
Serrana Holdings Limited
Bunge Global Markets, Ltd.
Fertimport International, Ltd.
Bunge Alpha, Ltd.
Greenfield Holdings Limited
Greenfield International Limited
Greenfield Holdings Credit Limited
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BARBADOS
Bunge Export Sales (Barbados) Corporation
CAYMAN ISLANDS
Bunge Fertilizantes International Ltd.
Santista International Ltd.
Santista Export Limited
Ceval Export Securitization Ltd.
Ceval International Ltd.
Ceval International Participation Ltd.
Bunge Trade Ltd.
Bunge Trade Participation Ltd.
Bunge Trade Participation II Ltd.
ARGENTINA
Terminal Bahia Blanca S.A.
Bunge Argentina S.A.
Terminal 6 S.A.*
Terminal 6 Industrial S.A.*
Guide S.A.*
Fertimport S.A.
Bunge Inversiones S.A.
BRAZIL
Fosbrasil S.A.*
Serrana Logistica Ltda.
Amoniasul Servicos de Refrigeraçao Industrial Ltda.*
Bunge Alimentos S.A
Bunge Fertilizantes S.A.
Fertilizantes Ouro Verde Ltda.
Fertilizantes Fosfatados S.A. — Fosfertil
Ultrafertil S.A.
Fertifos Administracao e Participacoes S.A.
Macra Administração e Servicos Ltda.*
BPI — Bunge Participacoes e Investimentos S.A.
IFC Industria de Fertilizantes de Cubatão S.A.*
Bunge Armazens Gerais Ltda.
Ceval Centro Oeste S.A.
Terminal de Graneis do Guaruja S.A.
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Terminal Maritimo do Guaruja S.A. (TERMAG)
IFC - Indústria de Fosfatados Catarinense Ltda.*
Cereol do Brasil Ltda.
MBB Comercio e Servicos Ltda.*
Serra do Lopo Empreendimentos e Participacoes S.A.
Fertimport S.A.
Moinho Jauense Industria e Comercio de Alimentos Ltda.
Eco Invest Carbon PP Ltda.
Pico da Caledonia Empreendimentos e Particpacoes S.A.*
Soceppart Empredimentos e Participaoes Ltda.
Soceppar S.A. — Sociedade Cerealista Exportadora de Productos Paranaenses
Produzir — Fomento Agricola Comercio e Exportacao S.A.
URUGUAY
Bunge Uruguay S.A.
Dinelsur Corporation S.A.
Agritrade S.A.
PARAGUAY
Bunge Paraguay S.A.
PERU
Bunge Peru S.A.C.
VENEZUELA
Almacen Terminal Santana, C.A.*
DOMINICAN REPUBLIC
Bunge Caribe, S.A.
A Guarda Investment Company S.A.*
AUSTRALIA
Bunge Global Markets Australia Pty. Ltd.
SOUTH EAST ASIA
Bunge Agribusiness Singapore Pte. Ltd.
PT. Bunge Agribusiness Indonesia
Bunge Agribusiness (M) Sdn. Bhd.
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Bunge (Thailand) Ltd.
Bunge Agribusiness Philippines Inc.
Grains and Industrial Products Trading Pte. Ltd.
CHINA
Bunge International Trading (Shanghai) Co., Ltd.
Bunge Sanwei Oil & Fat Co., Ltd.
Bunge Nanjing Feedstuff Protein Co., Ltd.
MAURITIUS
Bunge Mauritius Ltd
Bunge Mauritius Holdings Limited
International Produce Ltd.
INDIA
Bunge India Private Limited
U.K.
Bunge Corporation Ltd.
Bunge UK Limited
SPAIN
Bunge Iberica S.A.
Estacion de Descarga y Carga S.A. (Esdecasa)
Ergransa S.A.*
Bunge Investment Iberica S.L.
Moyresa Girasol S.L.
Biodiesel Bilbao S.L.*
Huelva Belts S.L.*
FRANCE
Bunge France S.A.S.
Bunge Holdings France S.A.S.
Bunge S.A.S.
Novaol France S.A.S.
Saipol S.A.S.*
Diester Industries International S.A.S.*
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THE NETHERLANDS
Koninklijke Bunge B.V.
Bunge Cooperatief U.A.
Bunge Europe Finance B.V.
Bunge Brasil Holdings B.V.
Bunge Finance Europe B.V.
Bunge Alimentos Holding B.V.
SWITZERLAND
Bunge S.A.
Oleina S.A.
Ecoinvest Carbon S.A.
GERMANY
Bunge Deutschland G.m.b.H.
Bunge Handelsgesellshaft m.b.H.
ITALY
Bunge Italia S.p.A.
Escercizio Raccordi Ferroviari S.p.A.*
TURKEY
Bunge Gida Ticaret A.S.
CYPRUS
Bunge Cyprus Limited
Eastern Agro Investment Limited
Brea Commodities Limited*
HUNGARY
Bunge ZRT
PORTUGAL
Bunge Iberica Portugal, S.A.
Gardone-Consultoria e Servico, Sociedade Unipessoal Lda.
Biocolza — Oleos e Farinhas de Colza S.A.*
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LUXEMBOURG
Bunge Europe S.A.
AUSTRIA
Bunge Austria G.m.b.H.
LATVIA
Dan Store LSEZ SIA
UKRAINE
Suntrade S.E.
DOEP
CJSC Dolynsky Elevator
LLC Lan Elevator
Black Sea Industries Limited*
ROMANIA
SC Unirea S.A.
Muntenia S.A.
Interoil S.A.
Bunge Romania Srl
POLAND
Z.T. Kruszwica S.A.
Polska Trade Services S.p.z.o.o.
Z.P.T. W Warszawie S.A.
BELGIUM
Afrique Initiatives*
RUSSIA
LLC Bunge CIS
LLC Prichalny Complex
Rostov Grain Terminal LLC
LLC Elevatorniy Complex
LLC Elevator
LLC Grain CO Dara
LLC Dara — Agro
OJS Kholmsky
OJS EFKO*
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CJS EFKO Food Products*
LLC EFKO Food Ingredients*
BULGARIA
Kaliakra A.D.
i The preceding list may omit certain subsidiaries that, as of December 31, 2006, would not be considered “significant subsidiaries” as defined in Rule 1-02(w) of Regulation S-X.
* Accounted for on the equity or cost method in Bunge Limited’s consolidated financial statements.
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