Farms.com Home   Ag Industry News

Japan Gives Nod to ADM Acquisition of GrainCorp

By Amanda Brodhagen, Farms.com

Archer Daniels Midland Company (ADM) received approval for its takeover of GrainCorp Ltd. To date, five governments have cleared the acquisition, including – South Africa and Canada, which backed the deal earlier this month. The United States also authorized the purchase last November. The company is still awaiting approval from regulators in Australia, China, the European Union, and South Korea. The company agreed to acquire GrainCorp in April in a $3.5-billion deal.
 


Trending Video

Spring Planting Prep Just Got Serious… We NEED This!

Video: Spring Planting Prep Just Got Serious… We NEED This!

Getting closer to planting season means one thing… it’s time to get EVERYTHING ready.

Today didn’t go exactly as planned—we thought we’d be hauling potatoes again, but instead we spent the day digging equipment out of the cellar, hooking up the grain drill, and getting tractors ready to roll. With wheat planting just around the corner, every piece of equipment matters.

Of course, it wouldn’t be a normal day without a few problems… dead batteries, hydraulic issues, and a truck tire that absolutely refused to cooperate. We tried everything—jump packs, bead bazooka, ratchet straps… and eventually had to bring out the “big guns” just to get things moving again.

But that’s farm life—adapt, fix, and keep moving forward.

We’re getting close to go-time. Wheat seed is coming soon, and planting season is right around the corner