Farmers Union questions CBOT, CME merger

January 4, 2007

The National Farmers Union (NFU) sent a letter to U.S. Attorney General Alberto Gonzales on Nov. 2, requesting that the Department of Justice investigate the proposed merger between the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). The NFU is concerned that anti-trust issues will surface because of the proposed merger, along with potentially overlapping contracts within the ethanol industry.

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