Give Now

Delays, Closings and Severe Weather - View All Alerts and Updates

Dow-DuPont Merger’s DOJ Approval Raises Seed Competition Concerns

Indiana Farmers are hoping to get back benefits from the government.

The $130 billion merger between Dow and DuPont received conditional federal approval Thursday.

The companies still have to address areas where the Department of Justice says they’ll have too big a market share, but those aren’t the areas that have Indiana farmers worried.

In approving the merger, the DOJ says Dow and DuPont have to relinquish control of a few assets – a chemical plant in Texas for Dow, and two of DuPont’s insecticide and herbicide brands.

The companies plan to split, post-merger, into three separate businesses, one of which would deal with agriculture.

But Indiana Farm Bureau lobbyist Bob White says farmers aren’t worried about having fewer choices of crop protection chemicals. They’re worried about seeds.

“Choice is important because every product reacts differently on every individual’s farm,” he says.

Soil and weather, the markets for different corn and soybean types, and farmers’ finances all affect what seeds they want to buy each year. White says Dow and DuPont control a huge portion of the seed market, which could drive up prices.

He says the merger could also impact jobs at Dow AgroSciences in Indianapolis and at rural seed dealerships the companies operate.

The deal has also been approved in Brazil, China and the European Union, but not yet in Canada or Mexico.

Want to contact your legislators about an issue that matters to you? Find out how to contact your senators and member of Congress here.

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From