Rated by MyTOP Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 



Home > News

Bayer-Monsanto deal is a bet on GM crop expansion

28.11.2016 11:00 "Agro Perspectiva" (Kyiv) Global planting of genetically modified seeds has slipped but long-term prospects look bette. Bayer chief executive Werner Baumann pledged to create a «global leader in agriculture» when he unveiled the companys blockbuster takeover of Monsanto in September. Making a success of the $66bn deal will depend in significant part on the continued expansion of the market for genetically modified seeds, which Monsanto has led since the first commercial GM crops were planted in 1996. Yet global planting of GM crops declined slightly in 2015, after two decades of rapid growth, and there is little sign of a sustained upturn in the near future. The markets for the crops that have led GM expansion so far- maize, soyabeans, cotton and canola- are largely saturated in the countries that are politically and agriculturally hospitable to GM, and few others are poised for introduction. According to the International Service for the Acquisition of Agri-biotech Applications, which surveys biotech crops annually, the total area planted fell from 181.5m hectares in 2014to 179.7m last year. Randy Hautea, ISAAA global co-ordinator, says the small decline, the first in the history of GM crops, reflects low agricultural commodity prices rather than any rejection of the technology by farmers. «We expect it to increase when crop prices improve,» he adds. The agrochemicals and crop biotechnology consultancy Phillips McDougall says seeds worth $37.2bn were sold in 2015, of which $19.8bn were GM. The total market fell by 8per cent from 2014, while the GM segment was down 6per cent, adds Allister Phillips, associate director. He is predicting further small declines in the global seeds market in 2016and 2017as crop prices remain low. The downturn in the agriculture industry has been a key catalyst for the wave of deals sweeping through the suppliers of farmers seeds and crop sprays, including Bayers bid for Monsanto. The other large transactions are Dow Chemicals proposed takeover of DuPont, and ChemChinas planned acquisition of Syngenta. https://www.ft.com

Agro Perspectiva

< Cargill seeks out fertile ground in Asia frontier markets All news for
PM: Ukraine to cooperate with Croatia on gas shipments and implement infrastructure projects with Hungary >

18:10 As of 2020, Belarus GDP can boost 12.1-15%
16:12 Ukrainian Anna Muzychuk wins European Women Rapid Chess Championship
15:44 Parubiy: Ukraine, Poland to build four more border checkpoints
14:09 Groisman: Gov includes UAH500 million for cinema development into 2018 Budget
09:17 FAO: Local actions key to ending global hunger
08:02 WHO helps contain new outbreak of Ebola-like virus on Kenya-Uganda border
14:48 Groisman: We are interested in domestic farming and agricultural machine building development
12:10 Infrastructure Minister Omelian: American investors interested in Lviv-Chop highway
11:36 Poroshenko: Parliamentary immunity will be abolished within Ukraine
10:14 Sheveliuk: We are investing into Ukrainian youth talents
09:17 Leaders commit to reduce deaths caused by noncommunicable diseases
08:02 WHO: Seychelles cases test negative for plague
19:21 As of this year Jan-Sept, Ukrainian agricultural products average prices up over 10%
18:04 International Forum of Tourism and Hospitality Industries starts within Lviv
17:21 EU to continue Ukrainian energy efficiency financial support
16:11 Vice Prime Minister: Ukraine should implement European creative economy algorithms
15:10 Ukraine, Korea to bring mutual trade up to US$1 milliard within 2018
11:35 Kernel enters into $200 million credit facility
08:02 FAO and partners battle new banana disease strain
21:49 Investment into Ukraine: Gov preparing five new projects
19:03 Groisman: 7.5 million Ukrainians used visa-free regime
17:14 Belarus, Ukraine discuss joint inland waterway project
15:36 Ukraine, Malta interested in developing common logistics, investment cooperation
09:17 Zimbabwe school wins UN-backed sustainable development prize
08:02 UN Chief urges unity on International Day to Eradicate Poverty
19:36 Poroshenko: Ukraine continues its transformation and looks for reliable and strong economic partners
18:52 EBRD considers introduction of auctions to stimulate renewable energy sources for Ukraine to be promising
16:11 Ukrainian companies will ship equipment to Belarus
10:14 WFP: Cash assistance programme for refugees within Turkey reaches milestone
09:17 ILO: new strategies needed to fund small businesses
08:02 FAO: Global hunger rises for first time within a decade
17:04 Kistion: Government decisions will allow to introduce a free gas market for population
16:36 Ukrainian producers eyeing Qatari market
14:18 Ukravtodor Chairman: We will carry out the scheduled road works
12:11 National Chocolate Festival kicks off in Lviv
09:17 Bid begins to eradicate neglected TB threat
08:02 UN "Silk Road" concert to promote dialogue among cultures
17:11 Ukrainian singer Jamala becomes UN Goodwill Ambassador
15:18 Groisman claims there are no reasons for gas price hike
12:14 Ukrainian major taxpayers boost payments to budget by 21% since year-start
11:36 Groisman to check road repair works within Cherkasy, Kirovohrad regions today
09:17 UN polar initiatives to be showcased at annual Arctic gathering
08:02 General Assembly holds dialogue on migration
18:54 Poroshenko met with newly elected PACE President Stella Kyriakides
16:21 Savchuk: Ukraine intensifies cooperation with Germany within energy efficiency, clean energy
11:36 Culture Ministry: At the Frankfurt Book Fair Ukraine will demonstrate achievements of 17 Ukrainian publishing houses
10:14 European Day of Beekeeper to be held within Carpathians
09:17 Ukraine harvests over 43 mln tonnes of grains
08:02 FAO-led initiative to tackle
19:57 Sept domestic consumer prices up 2%

Also available: 

NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
     Lenty.Ru   +
2002 -2017 © Agrarika, ltd.
tel.: +38 (044) 486-9171, 486-8119
fax: +38 (044) 486-8830, 494-4889
e-mail: info@agroperspectiva.com