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Veteran Advisor

ADM Bids On Bunge

ADM has put in a bid for Bunge, which has also been talking with Glencore.

 

I wonder if this would have any effect on my local grain bids?

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Veteran Advisor

Re: ADM Bids On Bunge

Depends if you have either or both locally.

A rule of thumb, the fewer the buyers, the
Lower the price