farmers

Biotech Giants Bayer and Monsanto Sign Mammoth Merger Agreement

The agritech world got a lot bigger this week when German chemical giant Bayer inked an agreement to acquire Monsanto for $66 billion in cash. The 2 companies had been bickering for months, and this was the 3rd refurbished offer. In the end, Bayer agreed to pay $128 per share, up from the company’s previous offer of $127.50. [1]
The agreement makes it the largest all-cash deal on record.
Markus Manns of Union Investment, one of Bayer’s top 12 investors, said:

American Food Insecurity on the Decline but Still Widespread

Food insecurity in the United States may be declining, but many families are still unsure of where their next meal will come from.
According to the USDA, the number of households that were food insecure at some point during 2015 was down to 12.7% from 14% in 2014. However, food insecurity is more pervasive now than it was in 2007 when it was around 11%, almost a full 2% lower than it is today.

Genetically Modified Mustard Steps Closer to Approval in India

A panel of scientists with India’s Ministry of Environment said in a risk assessment of genetically modified mustard that the crop does not “pose any risk of causing any adverse effects on human and animal health and safety.” [1]
Mustard oil accounts for more than 10% of India’s cooking requirement of approximately 21 million metric tons.
The scientists have spoken, but not everyone is convinced that the information is accurate.

Raw Milk Overpowers Conventional Milk in Reducing Risk of Numerous Infections

Whether raw milk is safe to drink has been a controversial issue for many years, particularly in countries with more nanny-state tendencies. However, a study published in early 2015 showed that babies given raw cow’s milk instead of ultra-high temperature (UHT) processed formula actually had a reduced risk of common infections, such as colds and ear infections.