News

Ag Mergers Create Concerns Among Farmers and Lawmakers

Photo: WNAX


Three of the largest mergers in the seed and crop protection industry in history are creating concern among farmers and lawmakers, who are holding hearings this month to examine the impact. American Soybean Association Vice President Ron Moore says they are closely watching these marriages to make sure they don’t have a negative impact on farmers and their input costs.

Moore says they’re asking the Justice Department to do a thorough review and reject any or all of the deals if they violate anti-trust laws.

American Soybean Association President Richard Wilkins says while they want the deals scrutinized, agriculture has been consolidating for decades and this is part of that cycle.

He says they’re concerned these companies are deciding to merge to survive long term and if the deals are stymied they may cut back on their investment in technology and innovation, which would also hurt producers.

Recent Headlines

10 hours ago in Local

LSI, INC. RECALLS BBQ PORK JERKY PRODUCT DUE TO POSSIBLE FOREIGN MATTER CONTAMINATION

ALPENA, S.D. – LSI, Inc., an Alpena, S.D. establishment, is recalling approximately 2,277,540 pounds of a ready-to-eat Korean barbecue pork…

10 hours ago in Local

RANCHERS HIT WITH ‘GUT PUNCH’ AS TRUMP FOLLOWS THROUGH ON ARGENTINA BEEF INPORT PLEDGE

WASHINGTON, D.C. (Joshua Haiar-/ SD Searchlight) – Two days after a U.S. senator from South Dakota said he was encouraged…

10 hours ago in Local

LEGISLATORS AND GOVERNOR MAKE COMPETING PROPOSALS TO TAKE MONEY FROM HOUSING FUND

SIOUX FALLS, S.D. (Joshua Haiar and Seth Tupper / SD Searchlight) – South Dakota Gov. Larry Rhoden and a group…

10 hours ago in Local

DINOSAUR HUNTERS REACH DEAL TO SETTLE WESTERN SOUTH DAKOTA FOSSIL THEFT DISPUTE

HARDING COUNTY, S.D. (Jonathan Ellis / The Dakota Scout) – A paleontologist accused of stealing a dinosaur skull from western…

10 hours ago in Local

PIEDMONT RESIDENTS SHOCKED BY NEW MINE COMING TO THEIR CITY

PIEDMONT, S.D. (Bart Pfankuch/ South Dakota News Watch) – Residents and government leaders in this small western South Dakota city…