Monsanto Merger Facing Tough Opposition; EPA Takes Blame for Mining Waste Spill
Several farm and consumer groups are seeking to derail the proposed deal Monsanto has offered to Syngenta as a possible merger/takeover. Ag Professional reports coalitions of opponents are being formed and market analysis are being conducted. It comes though as Monsanto, the world's largest seed company, has yet to persuade Syngenta, the world's top provider of agricultural chemicals, to even start negotiations. The National Farmers Union has openly opposed the deal, as NFU president Roger Johnson says “this would reduce competition in the marketplace.” The American Antitrust Institute nonprofit group also will lobby against any deal.
The Environmental Protection Agency has taken responsibility for turning a Colorado river a toxic golden-orange. They confirmed last week that workers for the agency were responsible for the release of 1 million gallons of toxic wastewater. The spill occurred Wednesday morning at a long-closed gold mine near Silverton, Colorado and fouled the Animas River, a 126-mile-long tributary of the San Juan River, part of the Colorado River system.