The view from the search seat Something odd is happening in crop protection, and from where we sit it's hard to miss. At the top of the market, the phone is ringing (well, it's 2026, so the emails are coming in). Big Ag's map is being redrawn faster than at any point since the 2017 mega-mergers. Corteva and Vylor have gone their separate ways, Syngenta is heading for a Hong Kong listing and BASF Agricultural Solutions for Frankfurt. New boards, new standalone businesses, new

For decades, Big Ag has functioned as the training ground for the entire agricultural inputs sector. The senior leadership teams at today's most exciting start-ups and scale-ups, across synthetic and biological crop protection, seeds and traits, and AgTech, are disproportionately staffed by people who cut their teeth at Tier 1 and Tier 2 multinationals. That pipeline has quietly underpinned the sector's growth for a generation. Right now, it's breaking down, and the industry