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BUSINESS: ACQUISITIONS MERGERS :
BUSINESS: CORPORATIONS: NAMED CORPORATIONS: BAYER, MONSANTO :
AGRICULTURE: SEEDS AND SEED PRODUCTION :
AGRICULTURE: PESTICIDES AND PESTICIDE PRODUCTION :
MEDICAL: PHARMACY PHARMACEUTICAL PHARMACOLOGY: DRUG PRODUCTION :
FOOD DRINK NUTRITION DIET: FOOD: GENETICALLY MODIFIED ORGANISMS (GMOS) :
ENVIRONMENT :
TOXIC CHEMICALS :
ENVIRONMENT: POLLUTION :
AGRICULTURE: CROP DAMAGE :
GOVERNMENT CONTROL INFLUENCE LOBBYING AND
CONTRIBUTIONS TO POLITICIANS BY CORPORATIONS :
GOVERNMENT: OLIGARCHIES :
BUSINESS: CORPTOCRACY :
MEDICAL: CONDITIONS: OBESITY :
FOOD CHOICES:
Monsanto and Bayer:
Why Food and Agriculture Just Took a Turn for the Worse
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Monsanto and Bayer:
Why Food and Agriculture Just Took a Turn for the Worse
September 16, 2016
by COLIN TODHUNTER
Counter Punch.org
http://www.counterpunch.org/2016/09/16/monsanto-and-bayer-
why-food-and-agriculture-just-took-a-turn-for-the-worse/
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A shorter URL for the above link:
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http://tinyurl.com/hnenee2
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Monsanto held a 26 per cent market share of all seeds sold in 2011. Bayer
(mainly a pharmaceuticals company) sells 17 per cent of the worlds total
agrochemicals and also has a comparatively small seeds sector. If
competition authorities pass the deal, the combined company would be the
globes largest seller of both seeds and agrochemicals.
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The deal marks a trend towards consolidation in the industry with Dow and
DuPont having agreed to merge and Swiss seed/pesticide giant Syngenta
merging with ChemChina, a Chinese government concern.
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The mergers would mean that three companies would dominate the commercial
agricultural seeds and chemicals sector, down from six Syngenta, Bayer,
BASF, Dow, Monsanto and DuPont. Prior to the mergers, these six firms
controlled 60 per cent of commercial seed and more than 75 per cent of
agrochemical markets.
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Alarm bells are ringing with the European Commission putting its approval
of the Dow-DuPont deal temporarily on hold, and the US Senate Judiciary
Committee is about to hold hearings on the deal due to concerns about
consolidation in the industry, which has resulted in increased seed and
pesticide prices.
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In response to the Monsanto-Bayer merger, US National Farmers Union
President Roger Johnson issued the following statement:
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Consolidation of this magnitude cannot be the standard for agriculture,
nor should we allow it to determine the landscape for our future. The
merger between Bayer and Monsanto marks the fifth major deal in
agriculture in the last year For the last several days, our family farm
and ranch members have been on Capitol Hill asking Members of Congress to
conduct hearings to review the staggering amount of pending merger deals
in agriculture today. We will continue to express concern that these
megadeals are being made to benefit the corporate boardrooms at the
expense of family farmers, ranchers, consumers and rural economies. We are
pleased that next week the Senate Judiciary Committee will be reviewing
the alarming trend of consolidation in agriculture that has led to less
competition, stifled innovation, higher prices and job loss in rural
America all mergers, including this recent Bayer/Monsanto deal, [should]
be put under the magnifying glass of the committee and the U.S. Department
of Justice.
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For all the rhetoric that we often hear about the market and large
corporations offering choice to farmers and consumers, the evidence is
restriction of choice and the squeezing out of competitors. Over the
years, for instance, Monsanto has bought up dozens of competitors to
become the largest supplier of genetically engineered seeds with seed
prices having risen dramatically.
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Consolidation and monopoly in any sector should be of concern to everyone.
But the fact that the large agribusiness conglomerates specialise in a
globalised, industrial-scale, chemical-intensive model of farming that is
adversely affecting what we eat should have us very concerned. Do we want
this system to be intensified even further just because their business
models depend on it?
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Farmers are increasingly reliant on patented corporate seeds, whether
non-GM hybrid seeds or GM, and the chemical inputs designed to be used
with them. Monsanto seed traits are now in 80 per cent of corn and more
than 90 per cent of soybeans grown in the US. It comes as little surprise
then that people in the US now consume a largely corn-based diet: a less
diverse diet than in the past, which is high in calorific value, but low
in health-promoting, nutrient dense food. This health-damaging American
obesity diet and the agricultural practices underpinning is now a global
phenomenon.
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
[log in to unmask]
http://workface.com/e/daviddillard
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