Source: FARM FUTURES, 1/31/17


Archer Daniels Midland Company has reached an agreement to sell its Crop Risk Services business to Validus Holdings, Ltd. for $127.5 million, subject to certain working capital and balance sheet adjustments, and regulatory review. The deal includes a marketing services agreement under which ADM and Validus will work together to continue to offer a full range of insurance and farmer marketing products and services to CRS customers.

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