DuPont Pioneer

Amy Mayer/IPR file photo

St. Louis-based Monsanto, a world agribusiness leader, has agreed to be acquired by the German company Bayer. Bayer will pay $57 billion dollars, or $128 per share, in a deal that has been in the works since last spring.

Two other mergers are underway in the industry, with Dow set to combine with DuPont (already the owner of Iowa-based DuPont Pioneer) and ChemChina planning to buy the Swiss company Syngenta.

Amy Mayer/IPR file photo

The U.S. Senate Judiciary Committee plans to examine proposed mergers among agricultural chemical and seed companies in a September hearing.


Photo by Amy Mayer

The new agriculture company founded in the wake of the merger of industry titans Dow and DuPont will not be headquartered in Iowa, as local politicians had hoped, the companies announced Friday.

Iowa's Congressional delegation pushed for the companies to put the newly-formed agriculture business in Iowa, but it will be headquartered in Wilmington, Delaware. Still, Johnston, Iowa, where DuPont Pioneer is based, and Indianapolis will serve as what the companies call "Global Business Centers."

Corn Crew

Jul 22, 2013
Pat Blank

A Midwest summertime tradition is in full swing: corn detasseling.  Every summer, seed corn companies hire thousands of seasonal workers to remove the top of the corn plant to produce hybrid varieties.  The minimum age in Iowa to do the work is 14. Those as young as 12 can detassel in Illinois and Nebraska.  Many crew leaders who started in their teens are now in their 50s and 60s.  Workers say even though it's often hot in the cornfield and the work is tedious, they return year after year because they are paid good money by the companies.

Detasseling Delay

Jul 10, 2013
Courtesy photo

The wet spring has delayed the growth of corn used for seed by Iowa companies including the largest, DuPont Pioneer. That, in turn, has pushed back the schedule of hundreds of part time workers who make money in the fields by removing the top of the plant known as the tassel.  Production manager for the Reinbeck facility, Colby Entriken says ,"we're hoping to start pulling tassels next week which is about a week behind schedule.