The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
The move by the state-owned ChemChina comes on the heels of last year's announced megamerger between DuPont and Dow Chemical—a deal that would leave only three firms controlling more than three-quarters of the corn and 80 percent of the soybean seeds in America. Today's deal dwarfs the takeover of formerly U.S.-owned Smithfield by WH Group in 2013. The Department of Justice and antitrust authorities of governments across the world must act to block these seed megamergers.
The rapid concentration of economic power and seed patents in the hands of a tiny and diminishing number of global agribusiness giants harms farmers and eaters worldwide. Farmers will undoubtedly be forced to pay more for a reduced selection of options controlled by the gargantuan seed monopoly. The companies use the patented seed varieties—overwhelmingly biotech crops with accompanying pesticides and agrochemicals—to control not only the selection of what farmers plant, but how they cultivate their crops, what chemicals they use on their fields and how they can manage their farms.
The merger has far reaching impacts on the food supply, the environment and consumers. There is a growing demand by consumers to know what they are eating, how it is grown and how it impacts their communities. Global agribusiness mega-mergers like the proposed ChemChina-Syngenta deal give a corporate cabal a stranglehold on the world's farmers and the world's eaters. When fewer firms control more of the seed and agrochemical market, both farmers and consumers lose out.
YOU MIGHT ALSO LIKE
EcoWatch Daily Newsletter
A middle-aged married couple in China was diagnosed with pneumonic plague, a highly infectious disease similar to bubonic plague, which ravaged Europe in the middle ages, as CNN reported.
Dairy aisles have exploded with milk and milk alternative options over the past few years, and choosing the healthiest milk isn't just about the fat content.
Whether you're looking beyond cow's milk for health reasons or dietary preferences or simply want to experiment with different options, you may wonder which type of milk is healthiest for you.
At least 1,688 dams across the U.S. are in such a hazardous condition that, if they fail, could force life-threatening floods on nearby homes, businesses, infrastructure or entire communities, according to an in-depth analysis of public records conducted by the the Associated Press.
By Sabrina Kessler
Far-reaching allegations about how a climate-sinning American multinational could shamelessly lie to the public about its wrongdoing mobilized a small group of New York students on a cold November morning. They stood in front of New York's Supreme Court last week to follow the unprecedented lawsuit against ExxonMobil.
By Alex Robinson
Leah Garcés used to hate poultry farmers.
The animal rights activist, who opposes factory farming, had an adversarial relationship with chicken farmers until around five years ago, when she sat down to listen to one. She met a poultry farmer called Craig Watts in rural North Carolina and learned that the problems stemming from factory farming extended beyond animal cruelty.
Temperatures plunged rapidly across the U.S. this week and around 70 percent of the population is expected to experience temperatures around freezing Wednesday.