ChemChina/Syngenta Merger OK’d; Dairy Gets Tough on Canada
**ChemChina’s $43 billion acquisition of Syngenta has been approved by the Federal Trade Commission, on the condition that ChemChina divest three of its generic pesticides. The European Commission, the EU’s governing body, approved the deal last Wednesday.
The proposed settlement approved 2-0 by the FTC “requires ChemChina to sell all rights and assets of subsidiary ADAMA’s U.S. paraquat, abamectin and chlorothalonil crop protection businesses to California-based agrochemical company AMVAC.”
The FTC will accept public comments on the proposed agreement until May 4th.
**The U.S. dairy industry is asking President Trump to get tough with Canada.
Three separate organizations urged the White House and governors of northern states to take action against Canada for “slamming the door to American dairy exports in violation of existing trade commitments between the two nations.”
The groups say Canada’s new “Class7” policy, creating a lower priced class of milk, is designed to disadvantage U.S. exports to Canada and globally.
**Capitol Hill appropriators received a pair of letters last week outlining funding priorities for conservation and waterway infrastructure.
One letter was signed by more than 220 ag, wildlife, and conservation groups; the other by 22 farm organizations.
In the conservation letter addressed to the chairs and ranking members of the House and Senate subcommittees responsible for agriculture appropriations, the groups oppose cuts to program funding, pointing to initiatives that were either consolidated or eliminated in the 2014 farm bill.