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FARMER’S UNION TO OPPOSE BAYER MONSANTO MERGER

first_imgA group representing farmers in Iowa and across the country is raising red flags about the Bayer-Monsanto merger. National Farmers Union government relations representative Zack Clark says the deal would negatively impact farmers.Audio Playerhttp://kscj.com/wp-content/uploads/2016/09/BAYER.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC…..increasing prices. :15Bayer, based in Germany, announced Wednesday it will acquire seed and pesticide firm Monsanto for $66 Billion.Clark says mergers like these can also result in the loss of off-farm jobs that many families rely on for additional income.NFU plans to oppose the Bayer-Monsanto deal in a similar way to other recent agribusiness mergers.Audio Playerhttp://kscj.com/wp-content/uploads/2016/09/BAYER2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC………ChemChina merger. :12The NFU is also considering getting involved in the Department of Justice lawsuit against John Deere and Precision Planting in the wake of that merger.The Senate Judiciary Committee will hold a hearing next Tuesday to discuss the impact on the recent mergers in the agriculture industry.Iowa Senator Chuck Grassley is chairman of the committee.Radio Iowa/Graphic from CBS Newslast_img read more