HOW POTENTIAL ADM, BUNGEE MERGER WOULD IMPACT FARMERS

Feb 26, 2018 at 12:43 PM CST
http://kticradio.com/agricultural/how-potential-adm-bungee-merger-would-impact-farmers/ The possible merger of ADM and Bungee could decrease marketing outlets for farmers as the companies would combine operations. Chad Hart of Iowa State University told DTN-The Progressive Farmer this week that, however, unlike mergers in the seed business, there still is a fair amount of competition in crop marketing. Hart says there are “plenty of marketing outlets” independent from ADM and Bungee. And, for the broader ag economy, Hart says such a combined company could result in improved efficiency in moving commodities from the farm to end users. The move won’t move grain prices, however.

Feb 26, 2018 at 12:43 PM CST

http://kticradio.com/agricultural/how-potential-adm-bungee-merger-would-impact-farmers/

The possible merger of ADM and Bungee could decrease marketing outlets for farmers as the companies would combine operations.

Chad Hart of Iowa State University told DTN-The Progressive Farmer this week that, however, unlike mergers in the seed business, there still is a fair amount of competition in crop marketing. Hart says there are “plenty of marketing outlets” independent from ADM and Bungee. And, for the broader ag economy, Hart says such a combined company could result in improved efficiency in moving commodities from the farm to end users. The move won’t move grain prices, however.