THE GMO SCRAPBOOK: AGRICARTEL ON HOLD FOR THE MOMENT

This article, shared by Ms. M.W., is a significant one, if you've been following the GMO story, not only for what it says, but also for what it implies:

Monsanto drops Syngenta takeover bid

There are a couple of sets of statements I want to draw your attention to. Here's the first set:

Monsanto shared have droped 13 percent between August 18 and 25 amid global market turmoil. With nearly half Monsanto's takeover offer based on a share swap, the merger would have entailed significant exposure to market volatility.

...

Monsanto had envisioned shifting the merged company's headquarters from Monsanto's current home base of St Louis, in the midwestern US state of Missouri, to Britain.

...

Syngenta said Monsanto had failed to provide "sufficient clarity" on a number of concerns, including regulatory risk, the tax consequences of shifting the company's registered headquarters from the US to Britain, and the estimated financial benefits of the proposed merger.

"We engaged with Monsanto in good faith and highlighted those key issues which required more concrete information in order to continue a dialogue. We take note of Monsanto's decision," Syngenta chairman Michel Demare said, adding that "our Board is confident Syngenta's long-term prospects remain very attractive." (All emphases added)

Put all this together, and reading between the lines, what is being suggested is (1) Mon(ster)santo is under increasing pressure and in spite of its underhanded and mercantilist policies which has gained for it the reputation it is now seeking to escape (after all, with mergers come name-changes, and an instant release from a track record), it cannot find an ally in Syngenta, (2) Mon(ster)santo was hoping, through the merger, to move its headquarters away from an increasingly aware American public, and (3) it may have been dealing less-than-forthrightly with Syngenta's negotiating team.

So much for Set Number One.

Here's set number two:

The idea, according to Monsanto chief executive Hugh Grant in an April 18 letter to Syngenta executives, was that "our merger will create a new global enterprise focused on future growth across all geographies... The combination of our companies would redefine the future of agriculture."

And then this at the end of the article:

Mergers in the agrochemicals industry have led to a situation where only six companies dominate the bulk of global agrochemicals sales, including Syngenta, Bayer CropScience, BASF, Dow Agrosciences, Monsanto and DuPont.

In other words, a merger of Syngenta/Syncrudda and Mon(ster)santo would have created such a huge combine that it would have approached a cartel, the IG Farbensanto that we speculated was a goal in blogs on this website. And that may, indeed, really be the goal, not merely the creation of a global corporate lock on food supplies via patent law, but the actual merger into a huge cartel and trust. And the idea of calling it IG Farbensanto isn't so absurd after all, for Bayer and BASF were both components of the old IG Farben cartel.

But apparently, Syngenta, which had negotiated in "good faith" wasn't impressed with what it was seeing.

The real story, in other words, isn't in the lines of the article; it's between them.

See you on the flip side...

 

11 thoughts on “THE GMO SCRAPBOOK: AGRICARTEL ON HOLD FOR THE MOMENT”

  1. I once had an opportunity to meet Monsanto chief executive Hugh Grant (picked for the job because of his name– the Monsanto board of directors were hoping the soccer moms would associate GMO food with the charming and romantic British film star of the same name). I told CEO Grant that Monsanto needed to merge with a company that is beloved by all Americans and take their name, like Herschey’s chocolates. Considering they use fetus parts as an ingredient for their chocolate, they must be equally sinister as well. Unfortunately I don’t think he heard me. Although I was only a few feet away from him, I had a horse bit in my mouth and was being forced to dance inside a taser cage at a very loud Bohemian Grove party.

      1. Joseph, I recall an issue a few years ago involving Nestle(a Swiss Co. I think) and a flavor enhancing company that experimented with cloned fetal kidney cells to be used for flavor enhancing, but I don’t think it was determined whether Nestle actually used it or whether anyone used it. I think Pepsi was accused likewise. Whatever, its sick. db

  2. An interesting article from this months Harper’s Magazine[Sept]:
    Weed Whackers/Monsanto, glyphosate, and the war on invasive species.
    This “invasive species” topic is going the “Meme’s’ round the globe tour; implying in context, that an “au naturel” species is synonymous with a invasive species when looked at on an expanded time scale. Perhaps implying subconsciously, that mankind was an invasive species to Earth at long ago, but has changed the natural order over time?
    At any rate, the article concludes with a reference to horseweed or mare’s tail, plant native to North America[priced for medicinal qualities]; it grows to about four feet and has hairy stems. William Engdahl wrote that glyphosate is a chemical that should be classified as a toxic chemical warfare agent, the most-used herbicide[in Roundup] in the world and is essential to every GMO patented by Monsanto. It turns out that farmers have been using 4 times the amount of roundup trying to kill this horseweed; but it appears to gain strength from the roundup, growing eight feet tall!, with stems thick enough to stop a combine in its tracks!.
    In other words an invasive species, that’s been Americanized.

  3. Slave World meets Nineteen Eighty Four. Welcome to the Global Gladiatorial Arena where the rest of us reason for existence is as entertainment for the Corporate Oligarchs of the West. Starve to death your only useless eaters to them but then it takes a parasite to know a parasite.

  4. Discussions are still ongoing into how to strengthen the monopoly of food into the web that will eventually cocoon mankind; along with the electronic monopoly of money, energy, surveillance, chemicals, pharmaceuticals, information, violence[their supreme monopoly that’s being challenged?].
    Don’t worry, the web masters are still working hard to help the people they serve…

      1. Yes indeed!
        California purposed draught was geo-engineered.
        http://ellenbrown.com/
        That’s, of course a drop in the bucket of troubles, compared what geo-engineering is going to reap for humanity at large; the biblical floods will be playing 2nd fiddle to this modern-days Nero’s/Zeros.

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