Re:Bayer confirms $66bn Monsanto takeover
by MichaelMoser123 on Thursday September 15, 2016 @01:45AM
(#12503733)
i 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.
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-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-...