Planet Diversity World Congress on the Future of Food and Agriculture

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15.01.2018 |

To Save Family Farms, We Must Oppose Monsanto-Bayer Merger

Iowa has lost nearly a third of its family farms since Senator Grassley’s election to Congress. The remaining farmers face a crisis. Crop prices have fallen by more than 50 percent since 2013, with no end in sight. In fact, farmers’ debt levels are almost as high as they were prior to the farm crisis of the mid-1980s and Iowa currently has the slowest growing economy of all 50 states.

Meanwhile, a wave of mergers among the world’s agricultural giants is upending the markets for fertilizers, pesticides, and seeds. If approved, the proposed merger would result in just two companies – Monsanto-Bayer and Dow-DuPont – controlling about three-quarters of the American corn seed market. The power that these corporations would hold in the seed market is unprecedented. The corn, soybeans, and cotton markets would be considered highly concentrated under the government’s own merger guidelines.

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