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Lansing Trade Group will buy competitor's grain and feed trading

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Overland Park-based Lansing Trade Group LLC reached an agreement to acquire materially all of the grain and feed ingredient trading business from Interstate Commodities in New York. The acquisition is expected to close in the third quarter. Terms of the deal were not disclosed. “Interstate’s trading business has a long-standing and well-respected reputation in the agriculture markets,” Lansing Trade Group CEO Bill Krueger said in a release. “Both Lansing and Interstate believe the industry…

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