But long term investors need to re-allocate out of the low yielding, low growth core markets and start buying the securities of high volume major names abroad.
We earned their business and achieved what we set out to achieve: unit volume growth in our core crops, a successful implementation of our agricultural productivity strategy and sustained cost-discipline across our operations.
Also driving the mergers: the need to boost listings, a core source of revenue for the exchanges as they battle to preserve their share of trading volume against competition from new market entrants like Kansas City-based BATS Trading, which siphons about 8% of Nasdaq's daily volume and 5% of NYSE volume.