I’ve been most concerned about the trend to patent foods, and Monsanto is one of the worst offenders. I say every government has the right to refuse to honor patents, like pharmaceutical and food patents. The ethanol mandate in the US serves Big Ag, specifically Archer Daniel Midland, which controls every aspect of its corn production, distribution, distillation, commodity future, insurance, and overseas sales chain.
Ethanol is the chemical name for whiskey, the same stuff that caused the Whiskey Rebellion in the US, and for the same reason: taxation. Now, would you rather drink it or pour it in your cars?
Food And Agriculture Just Took A Turn For The Worse !
News broke this week that Monsanto accepted a $66 billion takeover bid from Bayer. The new company would control more than 25 per cent of the global supply of commercial seeds and pesticides. Bayer’s crop chemicals business is the world’s second largest after Syngenta, and Monsanto is the leading commercial seeds business.
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 world’s total agrochemicals and also has a comparatively small seeds sector. If competition authorities pass the deal, the combined company would be the globe’s largest seller of both seeds and agrochemicals.
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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