Bayer Monsanto Updt and Trump Seeks Lab-grown Meat Clarity
**The American Farm Bureau Federation, in partnership with Farm Credit, has opened online applications for its 2019 Farm Bureau Ag Innovation Challenge where entrepreneurs can compete for $145,000.
The competition gives folks the opportunity to showcase ideas and business innovations in agriculture.
You are invited to submit for-profit business ideas related to food and agriculture online at http://fb.org/aginnovationchallenge by September 24th.
**After two long years of waiting, Bayer and Monsanto executives sit together at the table as one team.
Until mid-August, the companies could not share business information as a condition of the Department of Justice requirements for the acquisition.
The $66 billion acquisition joins together two powerhouses: Bayer's chemical portfolio and Monsanto's seed and trait engine. The company divested more than $7 billion in assets, including the Bayer row crop and vegetable seeds business, glufosinate and glyphosate businesses and several others.
**A letter addressed to President Trump is seeking regulatory clarity in regards to lab-grown meat.
The joint letter was sent to the White House last week b Memphis Meats, a company focused on cell-based meats, and the North American Meat Institute.
The letter states both the Food and Drug Administration and the U.S. Department of Agriculture have a proven track record to regulate cell-based meat and poultry products and that NAMI and Memphis Meats should meet with them AND industry stakeholders from the conventional and cell-based meat and poultry industries.