Deere Deal for Monsanto’s Precision Planting Opposed by U.S.

Updated on
  • Justice Department sues to block deal as anticompetitive
  • Precision sale comes amid consolidation wave in farming sector

A John Deere & Co. 7760 cotton picker in the Nueces County of Chapman Ranch, Texas.

Photographer: Eddie Seal/Bloomberg

Deere & Co. was sued by U.S. antitrust officials seeking to block its purchase of Monsanto Co.’s Precision Planting LLC equipment business, a deal the government says would eliminate competition and raise costs for farmers.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.