We are at a pivotal moment in food and agriculture. Once the Monsanto+Bayer merger goes through, the economics of food, farming, and the environment will be radically altered. It will be impossible to undo.
If the $66 billion merger is approved, Monsanto+Bayer will be the world’s largest agribusiness company. Many of the vegetables you eat, key ingredients in our processed foods, the canola oil you use in cooking, and the cotton you wear will all essentially be controlled by one company. For farmers, this merger will have dramatic consequences for the price and availability of the seeds they use.
The combined company will own the seed for about 70% of all the cotton grown in the US. Together, Monsanto+Bayer and just one other company will sell 77% of all the corn seed grown in the US, and about 95% of all seed for corn, soybean, cotton, canola, and wheat will contain a Monsanto+Bayer gene that enables the extensive use of herbicides like Roundup on the fields.
In addition, Monsanto+Bayer will be the world’s largest vegetable seed business for vegetables such as broccoli, green beans, carrots, and onions.
A coalition from the farm, food, beekeeping, consumer and environmental communities is organizing a congressional briefing and fly-in on June 13 through 15 to raise awareness about our concerns.
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One thought on “June 15, 2017: Concentration in Agriculture and the Monsanto-Bayer Merger”
I vehemently oppose the merger of Monsanto and Bayer due to the global monopolization of the supply and cost of agrichemicals, seeds, and and other components of a vertically integrated industry that places individuals and small farms at a distinct competitive disadvantage.
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