NH homesteader
Herd Master
Ha! I suppose you can handle a lot more after being chewed out like that. My husband went to military school for high school. To "keep him out of trouble". It made him never want to join the military!
Bayer-Monsanto Merger
- Thread starter OneFineAcre
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OneFineAcre
Herd Master
greybeard
Herd Master
Well--ain't skeered--lets discuss it.
Interesting albeit a very short article that tells us what most of us already know--due diligence required--as in all things.
I really don't see this M/A affecting many if any of us here at BYH. People love to hate Monsanto, and I do find it somewhat of a contradiction that some seem to be opposed to this merger, or acquisition of Monsanto by Bayer. Everyone is up in arms about Monsanto and their copyrights on seeds and their pretty strict legal history regarding GMO seeds. If anything, there is a possibility that there will be fewer of Monsanto's products available over all, that is, anything that competes with Bayer might disappear off the shelf. No sense in a making a redundant product, tho Bayer is not heavily into seed gmo work, but is very much the world's largest producer of coatings on any number of seeds. So I'm surprised more people who hate Monsanto aren't jumping up and down with glee at the prospect of fewer products available over all. Currently, Monsanto uses Bayer products on many of their seed products. Not much will change with that, if anything at all--other than a label change. On the other hand, Monsanto's products will probably increase in the EU and other places as a result of this M/A, but for us here in the Western Hemisphere, not much of a ripple in the water.
Jobs tho and taxes, may be a different story. Fodder for a separate reply I suppose.
NH homesteader
Herd Master
Well bigger typically means more power. More money, more influence. Big corporations getting bigger causes anxiety! Bayer being primarily in the health care field, merging with Monsanto also sounds pretty awful! That being said, I had no idea what Bayer was already doing in agriculture. I looked at their website the other day and realized they were already doing most of what Monsanto does. Eek I had no idea!
So... If their products get more expensive the silver lining (for me anyway) is maybe that will help the organic industry!
So... If their products get more expensive the silver lining (for me anyway) is maybe that will help the organic industry!
greybeard
Herd Master
This is one of many reasons it helps to have real and open discussions about anything of this nature. We each become more informed--myself not the least.
I have no real dog in this fight, don't own any Monsanto or bayer stock, don't instinctively seek out either of their brand name products and other than Advantage (flea control) and Bayer 81 mg Aspirin I can't say I have ever knowingly bought any Bayer products. Same with Monsanto--I just don't specifically have a need for any of their brand name proucts.
If I were to have a specific opposition to the merger, it would simply be on the grounds of 'the selling of America'. Seen too much of it over my lifetime. Citgo bought by Venezuela--Budwieser sold to European company InBev--Motorola to China's Lenovo-Burger King sold to 3G Capitol of Brazil-7-11 sold to a Japanese Co--General Electric was sold to Qingdao Hair Company of China-Gerber, Carnation, and Ralston Purina sold to a Swiss Company (Nestle) and the big refineries on the Gulf Coast being bought and controlled (50% interest ) to Saudi Aramco--Saudi Arabia.
But, I do admit, all of those mergers/sales have had little to no effect on their product's availability.
It works both ways, this M/A thing. I watched one of the finest airlines in the country go out of business, when deregulation of the airline sector (as well as higher fuel prices) took place, and smaller regional airlines ate into Braniff International's routes. After 54 years, and unable to put together a merger or buyer, they went out of business in 1982. I had flown on their planes many times thru the late 60s and all thru the 70s.
