Dr. John Boyd, president of the community-based farmers' advocacy group, will lead a news conference at the U.S Department of Justice on Wednesday to announce the boycott as part of the group's opposition to the proposed merger between Monsanto Corporation and the Delta and Pine Land Company, the largest cottonseed company in the country.
"If the Department of Justice allows this merger goes through, it will
create a Godzillian-monopoly that will have a drastic effect on black
and other small farmers around the country," said Boyd, whose
organization joins the growing chorus of agriculture and consumer
groups, legal experts and politicians who have registered their opposition.
The Department of Justice is now conducting a review to determine
whether the acquisition violates antitrust rules. Legal experts expect
the department to issue its decision this month.
Boyd has petitioned the House Judiciary Committee to hold hearings on the matter and has indicated the NBFA is prepared to file suit to seek an injunction against the merger.