Following a multiple meetings about the merger, there is an advancement in the merger between Monsanto and Bayer. An agreement could be made in a soon as two weeks according to sources “familiar with the matter.” This is following Monsanto’s rejection of Bayer’s $55 million bid in July. More news on the merger can be found on CropLife’s website.
The latest round of ag mergers resulting in the “Big 4” (Dow-DuPont, ChemChina-Syngenta, Bayer-Monsanto, and BASF) will have an impact on ag retail profitability according a recent CoBank report. And Will Secor, economist with the bank, says the greatest impact will come from changes to the rebate program. Read moreRead More »