MP3: ADM lobbying farmers to seal Graincorp bid

11.06.2013

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ADM lobbying farmers to seal Graincorp bid MP3

The US agribusiness giant Archer Daniels Midland is lobbying Australian farmers to ease concerns about the $3 billion Graincorp takeover. ADM's grains boss Ian Pinner has ramped up the company's proposed infrastructre budget and has assured grain producers there will be fair and open access to storage and ports. The Graincorp deal needs to win the approval of the Foreign Investment Review Board. Source: abc.net.au

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