Southern Crop

Southern Crop

Bayer Shares Jump on Report of U.S. Antitrust Deal on Monsanto

Bayer (BAYGn.DE) shares jumped nearly 5 percent on Tuesday following a media report that the U.S. Justice Department will allow the German drugs and pesticides group to acquire Monsanto (MON.N) in a $62.5 billion deal.

 

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U.S. Farm Report commentator John Phipps sifted through the paperwork at his desk after a warm Memorial Day weekend and stumbled upon the notice from the Syngenta settlement of a minimum $1.4 billion to producers.   Read more

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