seed cost

Bayer-Monsanto merger, in doubt for now, has farm and food implications

Monsanto says Bayer isn't offering enough to justify a merger but that it's open to continued talks with the German company. An official at Johns Hopkins' Center for a Livable Future says a merger would "be a real shock to the food system" because of the potential of higher prices to farmers for seeds and agricultural chemicals in a sector undergoing consolidation, reported Marketwatch.