NFU’s Johnson concerned about grain data sharing

NFU’s Johnson concerned about grain data sharing

A farmer organization is concerned about how improper use of technology might hurt farmers when it’s time to sell what they grow.

National Farmers Union President Roger Johnson tells Brownfield the announcement by grain traders Archer Daniels Midland, Bunge, Louis Dreyfus, and Cargill to use integrated data technology has the potential for collusion, which would hurt farmers.  Johnson tells Brownfield, “What it really does is it takes market-related data, puts it together and then spits it back out to each of those four entities, so they all know what everybody else is doing. 

Continue reading NFU’s Johnson concerned about grain data sharing at Brownfield Ag News.