Corteva—During the webcast Q&A, an analyst asked how Corteva can compete against the likes of Bayer/Monsanto. The answer was that Bayer/Monsanto now has essentially the same chemicals lineup that standalone Bayer had and essentially the same seeds/traits lineup that standalone Monsanto had. In short, the Bayer-Monsanto merger didn’t change the competitive landscape for Corteva very much.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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