Wednesday, May 24, 2017

Top grains traders face tough choice: Partner, merge or wait for bad weather

CHICAGO, May 24 (Reuters) - Commodity trader Glencore Plc's confirmation on Tuesday that it sought a tie up with grains trader Bunge Ltd likely signals the start of a wave of consolidation and partnering in the industry, as middlemen struggle to make profits amid a massive global food glut.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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