The Environmental Protection Agency released its ethanol mandates in late May. Those mandates cut billions of gallons from what original 2014 through 2016 mandates promised and contributed to a surge of public comments from a wide variety of stakeholders. Read five of those comments here.
As news of a possible Monsanto-Syngenta merger keeps rolling out, multiple media outlets are reporting that two noteworthy figures have gotten involved with the process. Billionaire investor John Paulson of Paulson & Co. has took on a large number of shares in the Swiss chemical company Syngenta, according to reports from Bloomberg Business. The moves could signal support of a takeover.
A bill that would prohibit state-level legislation on GMO labeling took a step forward in the U.S. House of Representatives on Tuesday. Known as the Safe and Accurate Food Labeling Act of 2015, the bill seeks to create overarching federal legislation that only makes labeling optional. The bill was originally introduced in March by republican Rep. Mike Pompeo of Kansas.
Hundreds of farmers and industry advocates used a Kansas hearing in late June to rally against recent cuts in ethanol mandates. The Environmental Protection Agency proposed to cut billions of gallons from renewable fuel mandates for 2014 through 2016. Corn ethanol cuts alone total nearly 4 billion gallons.
Monsanto is still gunning to acquire Syngenta even though the Swiss chemical company rejected the most recent $45 billion takeover offer. St. Louis-based Monsanto has been considering proposals to buy Syngenta since 2011. Officials from Syngenta feel the proposals undervalue their company’s worth.
Monsanto is predominately in the seed business, but the St. Louis-based company has dabbled in the data business, as well. Its Climate Corporation allows farmers to use cell phones and laptops to analyze hyper-local weather data and monitor weather trends. Farmers say the improved data service has helped become more efficient in a changing climate.
Climate change will likely cause billions of dollars in damages to the agriculture industry, according to government reports. Yet, while agriculture is a climate change victim, it is also a culprit. Agriculture production sends large amount of nitrous oxide and methane into the atmosphere, two potent greenhouse gases.
Two decades ago, less than 10 percent of corn and soybean acres were planted with genetically engineered seeds. Last year, nearly every single acre of corn and soybean was planted with GMOs. U.S. Department of Agriculture data shows St. Louis-based seed company Monsanto has propelled that rapid increase.
Highlights from the Midwest Center for Investigative Reporting's package on GMOs and climate change. In the last 20 years, U.S. farmers have widely turned to genetically engineered seeds to help counter more prevalent pests and other climate change consequences. U.S. Department of Agriculture data on genetically engineered crops shows which companies have fueled that trend.