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Bayer sells to BASF

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  • tweety
    Senior Member
    • Nov 2014
    • 3059

    Bayer sells to BASF

    For 7 billion bucks, Bayer dumps the liberty seed and chemical business.

    [URL="https://www.wsj.com/articles/bayer-to-sell-assets-to-basf-for-7-billion-subject-to-monsanto-acquisition-1507877275"]https://www.wsj.com/articles/bayer-to-sell-assets-to-basf-for-7-billion-subject-to-monsanto-acquisition-1507877275[/URL]
  • AlbertaFarmer5
    Senior Member
    • Oct 2010
    • 12524

    #2
    Perhaps this explains why Bayer hasn't had any rebates or time limited discounts on Canola seed lately. |Either that or else they decided they have no competition left and we will buy regardless of price?

    Comment

    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485

      #3
      I’m not that disappointed as liberty trait is available to other companies In 2019. So all will have liberty seed some will actually out perform our 252 so maybe ok but what sucks is farmers are f8&ked again

      Comment

      • tweety
        Senior Member
        • Nov 2014
        • 3059

        #4
        How so?

        Comment

        • HappyFarmer
          Senior Member
          • Jun 2012
          • 433

          #5
          Originally posted by SASKFARMER3 View Post
          I’m not that disappointed as liberty trait is available to other companies In 2019. So all will have liberty seed some will actually out perform our 252 so maybe ok but what sucks is farmers are f8&ked again
          Couldn't agree more.

          Competition is good.

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17482

            #6
            Originally posted by HappyFarmer View Post
            Couldn't agree more.

            Competition is good.
            It's Friday the Thirteenth not April Fool's Day! Competition in Ag... Not really.

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 21890

              #7
              Bayer knows there will be strong competition in the In liberty seed market .... time to bail .

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17482

                #8
                Originally posted by furrowtickler View Post
                Bayer knows there will be strong competition in the In liberty seed market .... time to bail .
                I think the RR seed market is much bigger and lucrative. ....patent issues with Liberty tech....follow Monsanto's lead.

                Too late....

                Comment

                • Braveheart
                  Senior Member
                  • Feb 2001
                  • 3257

                  #9
                  Does anyone know if the pod shatter technology went with the sale or did Bayer retain it and just license current varieties to BASF?

                  Comment

                  • iceman
                    Senior Member
                    • Dec 2014
                    • 751

                    #10
                    Gonna be some reps looking for jobs now

                    Iceman Out

                    Comment

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