| Seed Concentration Project |
| Friday, 18 July 2008 | |
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Our Mission The OCM Crop Seed Concentration Project pursues aggressive and appropriate pro-market regulation to bring fairness, innovation and competition back to the U.S. crop seed industry. We engage in public education and advocacy, while building a lasting foundation to achieve these goals.
What's the problem? Higher seed and chemical costs In addition to rising fuel and chemical prices, farmers are also paying higher prices for crop seed with less choice in the market. Companies that should be assisting farmers are instead crippling them. The price for transgenic traits and glyphosate have skyrocketed. Monsanto increased the price of its transgenic corn varieties by about 20% in 2008. Monsanto controls about 60% of the glyphosate market. The price of its trademark brand (Roundup) has increased by 30 to 50% in some parts of the U.S. Limited future innovation Research in transgenic, conventional and organic seed becomes limited when one company consolidates a high proportion of plant breeders, germplasm, and breeding technologies. Threats to farmers independence and livelihoods Read more about Monsanto's market power Our Strategy OCM's public education campaign aims to raise awareness about the problem of market concentration in the seed industry and mobilize grassroots action. This includes holding public meetings and other events, speaking at conferences and hearings, and engaging political leaders and the media. An important project goal is to support state attorneys general who are participating in a multi-state investigation relating to alleged violations of U.S. antitrust and trade practice laws in the seed industry, as well as encourage other attorneys general to join the investigation. Attorneys general who engage in antitrust investigations have the power to subpoena documents and other information from companies that allegedly use monopoly power to harm competition. A lawsuit may follow the investigation if they identify a violation of state or federal antitrust laws.
Learn more about what you can do Download a Q&A on the Attorneys General Investigation (opens PDF) Download an overview of OCM's Seed Concentration Project (opens PDF) |