May 20, 2014

The DOJ announced it will require ConAgra Foods, Cargill, CHS Inc., and Horizon Milling to divest four competitively significant flour mills in order to proceed with the formation of Ardent Mills, a flour milling joint venture. The government said the divestitures are necessary to preserve flour milling competition in four regions of the country encompassing large cities such as Los Angeles, Dallas, Minneapolis and the San Francisco/Oakland Bay Area, resulting in more competitive prices for wheat flour purchasers and ultimately lower prices for consumers who purchase wheat flour-based products, such as bread, cookies and crackers. DOJ