farm credit

Another Farm Credit System Merger Takes Place

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Two Farm Credit organizations serving the upper midwest will join together after both received stockholder approval. AgCountry Farm Credit Services and United FCS serve farmers in Minnesota, North Dakota, and Wisconsin, but now become AgCountry Farm Credit Services beginning on July first. The headquarters will be in Fargo, North Dakota, with the Association serving 18,000 customer-members and have nearly $7.2 …

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Monsanto Shareholders Approve Merger with Bayer

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Monsanto shareholders have approved a proposed merger with Bayer AG. Under the terms of the merger agreement, Monsanto shareowners will receive $128 per share in cash at the closing of the merger. Monsanto CEO Hugh Grant Tuesday called the approval an “important milestone” for both companies. Bayer AG leadership says the merger will “help address the growing challenges facing farmers.”

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Ag Mega-Mergers Delayed

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Two agriculture industry mergers expected to be completed by the end of the year now look delayed into the early part of 2017. Dow Chemical and DuPont’s merger may be delayed until February, as European antitrust officials take more time to consider potential competition issues in pesticides and crop seeds, according to Bloomberg.