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Blog Archive (June 2015) (Page3)

Posted By: Food Democracy Now on Jun 09th, 2015
By: Simon BowersMonsanto, the US seed and agrochemicals group known for its genetically modified crops, wants to switch its headquarters from the US to the UK as part of a complex merger deal designed to unlock tax savings for shareholders.The group, which was founded in St Louis, Missouri in 1901, is circling Swiss rival Syngenta with a so-called “corporate inversion” proposal that... more

Posted By: Food Democracy Now on Jun 08th, 2015
By: Jack KaskeyMonsanto Co. is prepared to pay a $2 billion break-up fee should its $45 billion takeover bid for Syngenta AG fail as it presses to jumpstart talks on combining its leading franchise for genetically modified seeds with the world’s largest maker of agricultural chemicals.The break-up fee would be payable if Monsanto is unable to obtain global regulatory approvals, the company... more

Posted By: Food Democracy Now on Jun 07th, 2015
By: Ronnie Cummins, Organic Consumers AssociationSince when does the mainstream media, in a country that worships at the altar of capitalism and the free market, launch a coordinated attack against a company for selling a product consumers want?When that company dares to cross the powerful biotech industry. How else to explain the unprecedented negative coverage aimed at Chipotle’... more

Posted By: Food Democracy Now on Jun 06th, 2015
By: Mateusz PerkowskiSALEM — A bill aimed at encouraging mediation over biotech crop disputes is poised to become law in Oregon, but the original idea has been scaled back substantially.An amended version of House Bill 2509 is headed for a vote on the Senate floor after earlier passing the House despite some unexpected pushback from critics of genetically modified organisms.Under the... more

Posted By: Food Democracy Now on Jun 06th, 2015
By: Jacy MarmadukeFamily farms in the sunny Rogue Valley plan to celebrate this weekend as Jackson County's first-in-Oregon GMO ban takes effect.Saturday is the first day people can alert county officials about violations of the ban on growing genetically altered crops.But officials won't be patrolling or making farmers destroy their plants – and it's unclear if they ever will.... more

Posted By: Food Democracy Now on Jun 06th, 2015
By: Ben UnglesbeeResidents from a handful of states are suing Monsanto and two of its spinoff companies over the alleged role company-made chemicals played in the development of the their blood cancers.The lawsuit, filed May 28 in St. Louis Circuit County Court and removed to U.S. district court in Missouri’s Eastern District, centers on polychlorinated biphenyls, or PCBs. From... more

Posted By: Food Democracy Now on Jun 06th, 2015
By: Greg RoumeliotisTemasek Holdings Pte, Singapore's state-owned investment company, will invest up to $500 million in Univar Inc, valuing North America's largest chemicals distributor at around $6 billion, including debt, people familiar with the matter said.The investment, which will be of a comparable size to Univar's upcoming initial public offering, underscores the growth... more

Posted By: Food Democracy Now on Jun 05th, 2015
By: Jessica DyeA federal judge in Kansas has remanded to state court more than a thousand lawsuits accusing Syngenta AG of commercializing a genetically modified strain of corn that was banned in China.Monday's order from U.S. District Judge John Lungstrum in Kansas comes on the heels of a ruling last month that rejected the Swiss company's legal rationale for keeping the cases in federal... more

Posted By: Food Democracy Now on Jun 05th, 2015
By: Josh Fox and Lee ZeischeIn a draft report five years in the making, the U.S. Environmental Protection Agency (EPA) has confirmed that fracking does indeed contaminate drinking water, a fact the oil and gas industry has vehemently denied.But instead of dismantling the industry’s “not one single case of groundwater contamination caused by fracking” refrain, the ... more

Posted By: Food Democracy Now on Jun 05th, 2015
By: Mary Ellen KustinNews that the world’s cancer experts are taking a fresh look at 2,4-D has farm organizations worried. Two months ago, the World Health Organization (WHO) concluded that glyphosate—the world’s most heavily-used weed killer—is “probably carcinogenic” to human health.Any day now, the same body is planning to issue its findings... more

Posted By: Food Democracy Now on Jun 05th, 2015
By: William I. RobinsonRecent US Senate approval won by President Obama for "fast-track" negotiation of the Trans-Pacific Partnership (TPP) trade deal has thrust "free trade" and capitalist globalization again into the headlines. Often referred to as "NAFTA on steroids," the TPP is but the latest in more than two decades of "free trade" agreements that have... more

Posted By: Food Democracy Now on Jun 04th, 2015
By: Ed Hammond, Aaron Kirchfeld, and Jeffrey McCrackenMonsanto Co., the world’s largest seed company, is quietly working with Syngenta AG to iron out regulatory concerns that could stymie its proposed takeover of its Swiss rival, people with knowledge of the situation said.Antitrust lawyers for the two companies are discussing how to address regulatory hurdles that would arise from the... more

Posted By: Food Democracy Now on Jun 03rd, 2015
German chemicals group BASF SE (BASFn.DE) is considering a potential offer for Syngenta AG (SYNN.VX), its Swiss rival which has received a $45 billion takeover offer from Monsanto Co (MON.N), people familiar with the matter said on Wednesday.BASF is speaking to investment bankers about the possibility of an offer for Syngenta, though it has made no decision and no bid may materialize, the people... more


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