South Africa approved imports of genetically modified corn from the U.S. for the first time after its worst drought since records began 104 years ago cut local output. Local white corn prices fell.
The only sound basis for gauging the potential impact of public-policy changes is through the mirror of historical experience. Economic models may provide insight, but invariably their predictions tell us more about the model than about the future. Read moreRead More »
Having only been in his role with Bayer as Chief Executive for less than 5 months, the acquisition of Monsanto has played a huge role in defining Werner Baumann’s leadership with the company. Read moreRead More »