Consolidation of agriculture companies continues, as several deals move toward completion this summer.
The state-owned ChemChina purchase of Syngenta is likely to be the first to close, perhaps as soon as next month. Iowa’s homegrown agribusiness Pioneer, already a subsidiary of DuPont, will be swallowed up by chemical giant Dow. And Bayer, the German maker of aspirin and ag chemicals, is poised to buy Monsanto.
Sen. Chuck Grassley (R-Iowa) pushed for careful oversight of these deals. He says it’s clear now they’re all likely to move forward.