September 9, 2016
Need a quick catch up on the news? Here are seven agricultural stories you might have missed this week.
1. The European Commission has asked Dow Chemical and DuPont Co. to provide missing information about their proposed merger of equals. – Farm Futures
2. A fire on Tuesday destroyed a storage shed at a USDA complex in Beltsville, Maryland, that was closed last week because of threats. The cause is under investigation. – Reuters
3. Bayer raised its bid for Monsanto – again. The German company offered to pay $127.50 per share. Its first offer in May was $122 a share. - Farm Futures
Food security in U.S., fire at a USDA facility and foreign investors in Australia.
4. New York state is coping with what the state agriculture commissioner calls the worst drought in 20 or 30 years. – WRVO Public Media
5. BASF is ready to purchase any assets that its competitors shed as they merge. A wave of mergers is underway with Dow merging with DuPont, ChemChina taking over Syngenta and Bayer bidding for Monsanto. – Farm Futures
6. Foreign interests held 52.1 million hectares of Australia’s 384.6 hectares of agricultural land, according to a new register. The largest investors come from China, Great Britain, the United States and the Netherlands. – The New York Times
7. USDA’s Economic Research Service released a report on food security in the United States. The report found that 12.7% of U.S. households were food insecure in 2015, a decline from the previous year. – Farm Futures
And your bonus:
The Faithful Farm occupies 4,000 square feet on the roof of the Levi’s Stadium, the home of the San Francisco 49ners. Tomatoes, summer squash, eggplants, peppers and zucchini are among the plants grown in the garden. – CNN Money
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