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Bayer to Buy out Monsanto Bayer has offered a $62 billion deal to buy Monsanto the controversial promoter of genetically modified seeds best known as GMO. The buyout would create a global giant in agriculture technology touching much of global food production through the development of seeds and pesticides. The buyout would create the world’s largest seed and farm chemical company with a strong presence spread across the world. Bayer says the deal would give the world more productive agriculture to meet the food needs of a growing population. There is concern about how the merger will impact Monsanto’s business of selling genetically modified crop seeds. The seeds have been blocked in some countries and are a subject of anxiety among consumers and the target of envi-

ronmental activists. Bayer’s presence in Europe could mean Monsanto would try to spread it’s sales to that continent although political resistance to genetically modified crops remains strong in Europe. Bayer claims farmers will get a broader range of products such as seeds and pesticides that work better together.

Pesticides that Kill Honey Bees Reduce Honey Production Exposure to a pesticide significantly affects the learning of honey bees according to a recent study. The study is the first by scientists looking into how bees respond to field-realistic-levels of the neonicotinoid insecticide ‘clothianidin’ which was banned for use on flowering crops by the European Union in 2013, but is still commonly used in develop- Sprayining crops:

ing countries. Scientists exposed honey bee workers to the pesticide for 11-12 days and then assessed the effect of the pesticide using a proboscis extension reflex conditioning assay, which tests how bees learn to associate an odor with a sugar reward. The scientists found that clothianidin impaired the honey bees’ ability to learn on.

Investment News July - August 2016  

Investment News Kenya, Investment News, Kericho investment opportunities guide, agribusiness opportunities in Kericho

Investment News July - August 2016  

Investment News Kenya, Investment News, Kericho investment opportunities guide, agribusiness opportunities in Kericho

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