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Grain handler Lansing Trade Group is acquiring Interstate Commodities, continuing consolidation in the U.S. grain sector. Low grain prices are cited as squeezing handler profits.
Consolidation among handlers may affect local elevator competition and basis levels, but has little direct effect on near-term feed prices.
reuters.comMichael HirtzerJun 20, 2017Not enough comparable past events yet for a historical read.
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.
