JONESBORO, ARKANSAS – On Friday morning, Dow and DuPont announced a proposed $130 billion merger to form a single entity, DowDuPont. In the Friday announcement, that company would subsequently become 3 separate companies, including one stand alone agriculture company.
The Independent Professional Seed Association (IPSA) is committed to reviewing the impact of this merger on independently owned seed companies and the resulting effects on corn and soybean farmers.
“Choice, competition and innovation drive the seed industry,” said IPSA Executive Director Todd Martin. “We at IPSA hope that choice continues to be a component of the new company.”
IPSA and Member Companies anticipate the option to submit comments to both the companies and regulatory authorities regarding the merger and the possible effect on access to germplasm and biotechnology traits.
More information regarding the IPSA at http://www.independentseeds.com.