GMO-free news from Canada

22.03.2018 |

The Bayer-Monsanto Merger is Bad News for Farmers and Everyone Else

A Bayer-Monsanto merger would mean four companies would control about 70 per cent of the world's seed markets. This is bad news for farmers, seed diversity and humanity's capacity to adapt to climate change.

This week, the European Union approved the merger between agribusiness giants Bayer and Monsanto, taking the controversial union one step closer to a reality.

A Bayer-Monsanto merger would mean four companies – accountable only to their shareholders – would control about 70 per cent of the world's seed markets. This is bad news for farmers, seed diversity and humanity's capacity to adapt to climate change.

"Seeds are the heart of our food system. If you control seeds, you control farmers and you control food," says Martin Settle, Executive Director of USC Canada. "This has repercussions for what lands on our plates. But increased corporate control over seeds also has dire consequences for seed diversity and humanity's ability to adapt to climate change."

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