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Bayer's roughly $63 billion acquisition of Monsanto closed on June 7, and the company will face restrictions in Mexico due to its combined market share. Bayer and Monsanto together have large crop protection and seed operations in Mexico.
The deal is an agribusiness corporate event with little direct effect on feed grain or protein supply and demand or prices.
eluniversal.com.mxRedacción El UniversalJun 5, 2018After 541 past macro events, Corn moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
