With the domino effect of agri-business mergers, farmers are wondering what a new version of the combined companies look like.
With canola being a smaller crop globally, Bayer’s acquisition of Monsanto will likely not get much attention from the U.S. Department of Justice, but it could be of interest to the Canadian Competition Bureau. Canadian farmers are certainly interested to see what happens if a combined canola seed company holds 70% of the variety market and 95% of the herbicide trait business.
At the Bayer Agronomy Summit in Banff this week, Shaun Haney sat down with Bayer Canada president and CEO Al Driver to discuss the Canadian landscape now and what it might look like after the acquisition.
How much does this merger have to do with globally increasing regulatory burden, an ideal partnership or other reasons? Also, did you know it’s the 20th anniversary of Invigor canola seed? Al is very happy to celebrate given his long involvement with the brand with the legacy company.