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Political economy

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News and resources
$63 billion Bayer-Monsanto merger approved
Bayer, the German pharmaceutical and life sciences multinational, has bought US agribusiness Monsanto in a $63 billion deal after receiving approval from antitrust regulatory authorities. The US Department of Justice required Bayer to sell some of its crop science assets to BASF as a condition of approving the merger.
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Image: Neil McIntosh, Cockerel, Flickr, Creative Commons Attribution 2.0 Generic
News and resources
Podcast: Planet Money, Episode 840, Fixing Chicken
A podcast by Planet Money discusses price fixing in the US chicken industry.
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Image: George Hodan, Brexit Referendum UK, Public Domain Pictures, Creative Commons CC0
Reports
UK food prices could rise without a post-Brexit trade deal
The report “Brexit: food prices and availability” from the EU Energy and Environment Sub-Committee of the UK House of Lords examines the potential impacts of Brexit on the UK food supply. 30% of the UK food supply is currently imported from the EU and a further 11% from non-EU countries under terms set by EU trade deals.
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Image: William Warby, Monopoly, Flickr, Creative Commons Attribution 2.0 Generic
Journal articles
Monopoly power in food corrodes choice and resilience
Large, powerful companies control much of the US food supply chain, with detrimental effects on consumer choice, food safety and food system resilience, according to a recent paper by researchers from NGO Food & Water Watch. The paper discusses the current “nearly unprecedented wave of food megamergers”, impacts on consumers of grocery consolidation and different types of mergers throughout the food supply chain.
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News and resources
Sainsbury’s and Asda to merge, overtaking Tesco
UK supermarket chain Sainsbury’s has agreed to buy Asda from US supermarket Walmart. Together, Sainsbury’s and Asda will have a market share of 31% of the UK grocery sector, ahead of rival Tesco. The supermarkets claim that the merger will allow them to lower prices by 10% on many items.
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Reports
Food, Brexit and Northern Ireland: Critical issues
This report from the Food Research Collaboration, by Gary McFarlane, Tony Lewis and Tim Lang, argues that the Brexit negotiations have neglected the importance of the transport of food into, out of and through Northern Ireland.
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Resource
Agri-environmental governance as an assemblage: Multiplicity, power, and transformation
This book, edited by Jérémie Forney, Chris Rosin and Hugh Campbell, examines the roles, motivations and interactions of the many different players in the governance of agri-food systems.
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Resource
Book: Handbook of international food and agricultural policies - Volume I: Policies for agricultural markets and rural economic activity
This book, by William H Meyers and Thomas Johnson, sets out the policies around food and farming of a selection of developed and developing countries. It is aimed at students, researchers, policymakers and professionals with an interest in economic development, agricultural markets and food systems.
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Book: Meat makes people powerful: a global history of the modern era
Wilson Warren outlines the history of how meat became so popular, with a particular focus on government influences on meat-eating in East Asia.
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