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Dow DuPont Merger Receives US DOJ Approval

 
From DuPont News        www.Dupont.com
 
The merger between DuPont and Dow Chemical has received U.S. antitrust approval.
 
A court filing on Thursday states the approval is under the condition that the companies must sell certain crop protection products and other assets. These conditions are similar to what European regulators had requested back in March.
 
The proposed merger was announced in December of 2015 and was valued at US$130 billion.
 
Once the deal is complete, the companies have said they would split into three separate companies focusing on material sciences, specialty products, and seeds and agrochemicals.
 
Source : Portageonline

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End of June USDA Crop Reports a Dud, U S Corn Crop Conditions 73% G E, & Whisper on Trade Deals

Video: End of June USDA Crop Reports a Dud, U S Corn Crop Conditions 73% G E, & Whisper on Trade Deals


No market-moving end-of-June USDA Acreage and quarterly stocks reports. U.S. corn crop conditions at 73% good-excellent has the trade talking above-average trendline yields at 183 – 190 bpa (2-5% above trend for 2025). Rumors that Trump in Iowa on Thursday evening could announce more trade deals on top of the Vietnam trade deal, but the whisper is that there might be a trade deal with China?
Sunday night's U.S. weather outlook ahead of the key U.S. corn pollination stage and trade deals could be market-moving for Monday’s trade after a long 3-day U.S. holiday.