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Subsequent Events | 6 Months Ended
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Jun. 30, 2018
Subsequent Events [Abstract] |
Subsequent Events [Text Block] | Subsequent Events The Company announced three significant actions in its portfolio management. The Company:
• | signed an agreement to acquire Probiotics International Limited (PIL), a British-based provider of probiotic supplements for human, pet, and production-animal use for $243 million (£185 million), subject to customary adjustments;
• | signed an agreement to purchase Neovia, a French-headquartered global provider of value-added animal nutrition solutions, with 72 production facilities and a presence in 25 countries, for $1.8 billion (€1.5 billion), subject to customary adjustments; and
• | reached an agreement to acquire Rodelle Inc., a premium originator, processor and supplier of vanilla products.
These pending transactions are subject to regulatory approvals and are expected to close in the second half of 2018. The Company also completed the sale of its oilseeds operations in Bolivia to Inversiones Piuranas S.A.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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