MIDDAY-MidwestDigest-01-22-18

Max Armstrong talks about possible merger of ADM and Bunge. (audio)

Have you heard about guy on death row in Ohio who wants to be executed by firing squad? He’s due to be put to death in summer 2019. Next execution scheduled for March.

ADM has sought discussions with Bunge Limited about getting together. Bunge goes back 200 years. ADM goes back more than 100 years. On paper, at least, would be commodity trading giant with international network and major industrial trading presence. ADM bigger in U.S. Bunge bigger international footprint. Combining two would approach size of Cargill.

Pork and poultry industries feel lot like corn and soybeans in fall 2012 – no way this market can go down.

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