Thank you Chairman Grassley. I know how important the issues we are here to discuss are to you, Mr. Chairman, and I’d like to thank you and your staff for your leadership on this hearing. The subject of today’s hearing is the unprecedented consolidation in the seed and agrochemical industry involving five of the so-called “Big Six” companies. Each of these deals raises complicated antitrust questions. Taken together, these deals propose to fundamentally reshape the agricultural industry. This hearing will help assess the competitive risks—and benefits—these transactions may present, both on their own and collectively.