The increasing consolidation of global agribusiness is leaving the world’s food production in the hands of a corporate “cartel”, warns a new market report from ETC Group, a civil society organization based in Canada.
According to the report, six multinational corporations — BASF, Bayer, Dow, DuPont, Monsanto and Syngenta — control 75 per cent of all private-sector plant breeding research, 60 per cent of the commercial seed market and 76 per cent of global pesticide and fertiliser sales.
And in livestock genetics, it says, four firms control 97 per cent of research on poultry and two thirds of swine and cattle research.
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Read the full, original story here: “World agribusiness R&D controlled by ‘cosy cartel'”
