A USDA report reveals that a handful of monopolies control most the patents on top U.S. commodity crops, inhibiting critical seed research, diversification, and competition.
Read More
Agribusiness wants to dramatically change the way farmers value and pay for a bag of corn seed, to get a second bite at producer profits. Bayer, the world’s leading seed manufacturer, has been piloting an “outcome-based” pricing program that adjusts the cost of its seeds or agrichemicals based on how well its products perform. Farmers and antitrust scholars worry that goliaths such as Bayer will use this data-driven pricing program to further squeeze farmers and to lock more growers into the behemoths’ product bundles and digital agriculture platforms.
Read More
Canada’s Competition Bureau is looking into an allegation that agribusiness giants Bayer, Corteva, BASF, Cargill, and others tried to crush an online ag retailing startup, the California-based Farmers Business Network (FBN), according to court filings reviewed by The Wall Street Journal.
Read More
Last Saturday, Elizabeth Warren, Amy Klobuchar, and other Democratic Party presidential hopefuls gathered in Storm Lake, Iowa at the Heartland Forum to present their platforms for revitalizing rural communities. Preceding the forum, a coalition of farming groups held a rally nearby calling for a moratorium on large agricultural mergers and a Farmers Bill of Rights.
Read More
If you care about reducing pesticide use, promoting agricultural biodiversity, and supporting small farmers, then you should also care about who’s amassing agricultural data. That’s the message of a new report from a group of sustainable food policy experts, out last week.
Read More
On Thursday, Bayer closed its $62.5 billion purchase of Monsanto. This comes roughly a week after the Department of Justice (DOJ) approved the merger, on the condition that the corporations sell off $9 billion worth of assets, including seed divisions, intellectual property, research projects, and more. Yet even after these divestitures, the combined entity will be the largest global seed and agrochemical corporation, and U.S. based field crop growers fear the power of the new combine.
Read More
In the fall of 2016, the German drug, seed, and crop chemicals conglomerate Bayer announced plans to merge with the U.S. chemical and bio-tech seed giant Monsanto. Hoping to overcome objections from European anti-trust regulators, Bayer is promising to sell off its vegetable seed business to BASF, a German corporation that is currently the largest chemical maker in the world.
Read More
When Bayer first announced its plan to purchase Monsanto, most observers focused on how much power the two corporations already wield over agricultural inputs like seeds and pesticides. But Margrethe Vestager, the European Union’s top antitrust enforcer, appears also to be focusing on how much control a combined Bayer-Monsanto would have over the data generated from private farms.
Read More
Amidst farmer concerns about data collection by agricultural technology companies, agrochemical and seed giant DuPont on August 9th agreed to buy software company Granular Inc. for $300 million. With the deal, DuPont greatly increases its ability to collect detailed data on the operations of individual farms.
Read More
The National Black Farmers Association (NBFA) last week said it plans to bring an injunction against Bayer to stop the German corporation’s $66 billion acquisition of Monsanto. The announcement comes as farmers and antitrust advocates across the country organize against the looming merger of the two agrochemical giants, which they say would have dire consequences for both conventional and organic farmers.
Read More
Days before entering office, President Donald Trump held a meeting with executives from agrochemical giants Bayer and Monsanto. The companies sought Trump’s blessing for their $66 billion merger, promising to create thousands of jobs if the merger is approved. But the companies’ track records, as well as evidence from past mergers, suggest the deal would likely result in a net job loss.
Read More
Whole Foods’ recent decision to centralize buying for its U.S. stores will likely make it much harder for smaller producers of organic and natural foods to get to market. The move could thus further solidify the control of the corporate food giants currently dominating the organic and natural foods sector.
Read More