Monsanto has agreed to be acquired by Bayer. So now it is a one stop shop. I guess seed prices will come down. L.O.L.
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Bye-Bye Monsanto
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So if Bayer has to spin off a canola line for the deal to proceed, what is the point in the deal?
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The share of the Canadian canola market is minuscule in a deal like this. Dekalb is a major player in US corn seed, where Bayer had nothing.
As for the canola, Bayer most likely will have to sell one off. If monsantos "true flex" genetics are close to approval, that might be worth a lot to them, as they will have many years controlling the patent
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