German-based Bayer has taken over US seeds group Monsanto. The integration of Monsanto into Bayer is creating tremendous innovation and tailored solutions for the agriculture industry as a whole, including of course cotton growers.
Bayer’s move to combine its crop chemicals business with Monsanto’s industry-leading seeds business is the latest in a series of major agrochemicals tie-ups. The deal creates the world’s largest integrated pesticides and seedscompany but would limit the number of competitors selling herbicides and seeds in Europe. There are concerns the proposed acquisition could reduce competition in a number of different markets resulting in higher prices, lower quality, less choice and less innovation.
The breeding, biotechnology and digital advancements of Monsanto, combined with the broad crop protection and seed treatment portfolio of Bayer, may support the cotton industry globally.
Bayer has a keen focus on delivering increased yield, fiber quality, disease resistance, and product choices that work across a diverse set of environmental conditions. Additionally, Bayer will continue to engage, listen, promote, and partner in key supply chain initiatives for cotton fiber.
Bayer has a plan to create combined offerings of seeds and pesticides with the help of new digital farming tools, which include sensors, software and precision machines.
