Posted on 05/20/2016 6:52:36 PM PDT by Lorianne
An oligopoly takes shape to corner the human food supply.
The hunter, it seems, has become the hunted. After wresting control of roughly a quarter of the global seeds market by acquiring a massive portfolio of seed companies, including Agroceres, Asgrow, Cristiani Burkard, Dekalb, Delta & Pine and the seeds division of Cargill North America, Monsanto now suddenly finds itself on the menu of two very powerful, much bigger rivals.
snip
On Thursday, it was reported that Germany’s two chemical-industry titans Bayer and BASF, both of which have a market capitalization more than double Monsanto’s, are mulling a takeover bid.
Reaping a Whirlwind
In many ways, Monsanto has only itself to blame. When it launched a hostile bid for Swiss-based pesticides behemoth Syngenta last year, it sparked a massive consolidation race in the agrochemical industry. In the end it was the Chinese state-owned giant ChemChina that walked away with the spoils, at a dizzying price of €43 billion.
It was the largest corporate takeover of Chinese history and it sent a clear signal of China’s intention to become a global player in the GMO market. In a speech in late 2014, the President of China Xi Jinping said that China “cannot let foreign companies dominate the GMO market.”
For Monsanto, meanwhile, things are looking shaky. For the first time ever, it finds itself on the receiving end of another company’s untoward attentions. With just days to go before this year’s edition of the global March Against Monsanto Day (Sat. May 21), it also faces the bleak prospect not only of multi-million-dollar class-action lawsuits for selling, over the course of decades, a weedkiller that it allegedly knew was harmful to human health but also a wave of anti-GMO leglislation across key markets, including India, Mexico, the EU and even in the U.S.
In the past year U.S. regulators delayed approval of a key new weed killer, dicamba, amidst ongoing fears that European regulators would refuse to license products containing the chemical.
We don't make a lot of the things you eat.
We make a lot of the things you eat a whole lot creepier.
An oligopoly takes shape to corner the human food supply.
Pretty much.
The hysterical anti-GMO stupid, it burns.
I’m guessing that “Wolf Street” is NOT a fan of capitalism.
I have not noticed that.
That’s creepy.
lol
Sounds like a lot of people have forgotten what it’s like to starve. It appears they are eager for the earth’s population to experience it once again.
I’ll give up my Roundup when they pry it from my cold, dead fingers.
The companies that produce seed crops to grow the U.S. food supply are highly strategic. No sane government would allow them to be owned by foreign countries.
My only problem with Roundup is that if I’m not super careful about where my cat is he sneaks up and licks it right off the leaves. Little freak.
Many said the same thing about Chloridane ...
“No sane government would allow them to be owned by foreign countries.”
sane government? What’s that like?
“sane government? What’s that like?”
exactly.
““sane government? What’s that like?””
“exactly.”
An alternative explanation to insanity is evil intent. Suddenly govts in the US and all over Europe decide to import millions of uneducated, non-intergratable “migrants” with values incompatible with Western civilization, many of whom are likely to be terrorists? There is no rational reason to do this unless you want to destroy Western culture.
“An alternative explanation to insanity is evil intent. Suddenly govts in the US and all over Europe decide to import millions of uneducated, non-intergratable “migrants” with values incompatible with Western civilization, many of whom are likely to be terrorists? There is no rational reason to do this unless you want to destroy Western culture.”
Agreed. And don’t forget waging biological warfare on our population with deliberately unvetted millions who are potentially sick with exotic and/or antibiotic-insistent diseases.
“Agreed. And don’t forget waging biological warfare on our population with deliberately unvetted millions who are potentially sick with exotic and/or antibiotic-insistent diseases.”
Let’s add:
Spending us into bankruptcy on counter productive social programs.
Working to keep us dependent on foreign oil and gas when we have more than enough to be self sufficient.
Promoting racial division and balkanization in the US.
Promoting deviant sexual lifestyles and ideas in schools and the military.
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