NEWS
Flour-Milling Joint Venture Delayed
Tue Feb 11, 2014 10:23 AM CST

(Dow Jones) -- ConAgra Foods Inc., Cargill Inc. and CHS Inc. again pushed back the date they expect to combine their North American flour-milling businesses into a multibillion-dollar joint venture.

The delay comes nearly a year after the three companies said they would combine those businesses to form a new company, called Ardent Mills, which would unite ConAgra Mills and Horizon Milling, a joint venture formed in 2002 between Cargill and CHS.

Ardent Mills will be the industry's biggest player, selling flour products to customers in the baking and food industries.

But in July, the U.S. Justice Department said it ...

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