Ethan Explains Bayer Buys Monsanto
Who owns your food? Well, with Bayer AG buying Monsanto for $66 billion, one giant company is about to own nearly every aspect of the food chain.
Yes, that’s right, they’ll own it. Because Monsanto produces Genetically Modified Organism (GMO) seed and Bayer makes the farm chemicals, they will own it. They own it because each of those components the farmer relies on is patented. They’re able to patent that seed because they’ve modified it through genetic engineering. Then they own what you eat and have the financial clout to “own” members of Congress and the Senate in those farm states.
The agricultural policy of the United States is skewed in favor of these big companies because of their financial clout. It is not in favor of the farmers or the consumer (you and me,) I had a Midwestern farmer/rancher friend explain to me how the giant ag companies pay for crops right below the subsidized price so the farmer makes little and the agri-giant makes money from the federal subsidies and own the supply chain marking up the food to the food manufacturing companies. Our tax dollars make Monsanto and Bayer AG their profits.
Do you think a giant, German based, multi-national, mega-corporation should own a huge chunk of the food supply?
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