Investigate Midwest (https://investigatemidwest.org/tag/dow/)
Hundreds of food and farm groups are calling on recently confirmed U.S. Attorney General Jeff Sessions to step in and block a wave of billion-dollar mega mergers sweeping across America’s agriculture industry.
Five of the six biggest companies that produce and sell seeds and chemicals to the world’s farmers are pursuing deals that could leave a market dominated by just three giant, global companies. Harvest Public Media reports on the deals in this new story.
The massive industry that supplies farmers with the tools to raise crops is on the brink of a watershed moment, according to Harvest Public Media.
Central Illinois corn and soybean farmer Norbert Brauer said he remembers when he could plant an acre of corn for about $100 total — but that was nearly three decades ago.
Two of the United States’ most storied corporations – DuPont and Dow Chemical – want to merge in the second half of 2016 in a deal worth an estimated $120 billion.