German farmers concerned about Bayer-Monsanto merger

[This excerpt was translated from the German by Google Translate and lightly edited for clarity]

Group names such as Monsanto and Bayer do not have the same sound among farmers as environmentalists. They provide agriculture with plant protection products… However, in the crisis, local farmers are also increasingly suspicious of the merger of their suppliers. Even the German farmers’ association, [which is generally friendly to large corporations], was alarmed. DBV President Joachim Rukwied stated that he could only hope for farmers that there would remain a healthy competition between the suppliers.  In the ministry of the Federal Minister of Economic Affairs, Christian Schmidt (CSU), it is also assumed that the takeover could further alter the sector in Germany. The already large dependency of the farmers on few suppliers could still grow. After the merger of Bayer and Monsanto, as well as by Dow and Dupont, four providers will unite approximately 75 percent of the market for plant protection products. Seed accounts for two-thirds of the market for three suppliers. ... Bayer and Monsanto will hardly be successful in Germany … with … genetically modified plants. The skepticism of the Germans is great. The government is working on the possibility of prohibiting the use of genetically modified plants by law…

The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion and analysis. Read thefull article translated from the German by Google Translate: Depending hopeful

Or read the article in the original German: Abhängig, voller Hoffnung

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