Slumping corn prices have enabled an environment for mega agribusiness mergers and acquisitions.
In the last twelve months, there’s been a steady stream of headlines about the latest and greatest combination of billion dollar companies that will purportedly deliver better products, savings to the farmer, more innovation, synergies, alliances, etc. In this economic environment for agriculture, no sector appears isolated from the merger and acquisition fall out.
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History tells us that not all of these mergers or acquisitions will benefit farmers directly. In some cases, there might be cost savings or other efficiencies passed on to farm customers, but often it’s Wall Street or shareholders who stand to benefit the most.
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Kelvin and I had an interesting conversation this morning about which of the recently announced or proposed mega deals is the most concerning for farmers. Depending on your place in the industry you are likely to have a different viewpoint. Vote below in the poll, share with your friends, and feel free to comment/tweet on why you find one more concerning than the others.
