16.12.2015 | permalink
Breaking Bad: Big Ag Mega-Mergers in Play Dow + Dupont in the Pocket? Next: DeMonsanto?
![Breaking_Bad Breaking_Bad](/typo3temp/_processed_/sosnews_w150_QfrLpTRP9xKCW97yPXhkQbr3kNTks9AsAr7pFQVa.jpg)
December 2015. In this new report, ETC Group examines corporate consolidation in four agricultural input sectors: seeds, pesticides, chemical fertilizers and farm equipment. With combined annual revenue of $385 billion, these companies call the shots. Who will dominate the industrial food chain? And what does it mean for farmers, food sovereignty and climate justice?
Issue
The Big Six agrochemical corporations (BASF, Bayer, Dow, DuPont, Monsanto, Syngenta) that dominate commercial seed and pesticide markets worldwide now insist they must get bigger, faster if the world wants food security in the midst of climate chaos. According to agribusiness, the extreme pressures of population, demand for meat, and climate crisis require Big Science and Big Money – and that means extreme Mergers all along the industrial food chain.
- ETC Group: Breaking Bad: Big Ag Mega-Mergers in Play
- Capital Press: Dow-Dupont merger’s impact on competition may draw scrutiny
- Bloomberg Business: ChemChina Chairman Said to Meet With Syngenta in Bid Talks
- Reuters: Dow, DuPont set $130 billion megamerger, could spark more deals
- ETC Group: Global Agribusiness Mergers NOT a Done Deal