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The faz says that in other news ChemChina is buying Syngenta - these are two big companies; Are there any hidden reasons why agriculture tech companies are so i
by MichaelMoser123 10y ago
The faz says that in other news ChemChina is buying Syngenta - these are two big companies; Are there any hidden reasons why agriculture tech companies are so interested in mergers these days?
Hmm.. here [1] it says that "three straight years of declining prices for major crops have pressured profits and forced companies to scale back staff and research."; Does that explain the pressure for mergers in this area?
[1] http://www.wsj.com/articles/chemchina-details-changes-to-structure-of-planned-syngenta-purchase-1466178106 http://www.wsj.com/articles/chemchina-details-changes-to-str...
and that is supposedly because a glut in corn and soybeans is driving prices down;
http://www.journalgazette.net/news/us/High-corn-yield-hurts-farmers--bottom-line-15228819 http://www.journalgazette.net/news/us/High-corn-yield-hurts-...
- MichaelMoser123 10y agoi am wondering about the larger impact of agricultural issues on the economy & politics; i wonder if anyone ran a study of this factor over the long run: for example the crash of 2008 was preceded by a long drought that caused a steep increase of food prices; also Arab countries were then unable to keep up food subsidies, so the Arab spring came and forced the governments out; Also the French revolution was preceded by a drought + the French state was basically bankrupt.