Organization for Competitive Markets

“The following was authored by C. Robert Taylor, Alfa Eminent Scholar and Professor of Agricultural Economics at Auburn University and OCM Senior Economic Fellow and published in the Daily Yonder.” (all charts, graphs and illustrations can be found in the Newsletter archives, October 2010 edition) The world’s agriculture depends on a mineral that is declining in production and is controlled by a cartel of companies. Troubling, ain’t it? Modern farming…

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The problem of consolidation in the seed industry is well known. One company in particular, the Monsanto Company, controls a high percentage of the global seed market and continues to increase its dominance by acquiring or merging with a significant number of companies in its industry. Monsanto has acquired dozens of independent seed companies in the last decade. It controls 70% of the transgenic corn market and more than 90%…

The concentration of market power in the seed industry cannot be ignored. The problem is well known and already impacts every farmer, rancher and agricultural producer. In the face of historic fuel costs, farmers are also paying higher seed costs with less choice due to unfair trade practices in the crop seed and genetics industry. Our farmers and rural communities are at a disadvantage. Help us take back an open…

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Download a Fact Sheet on Monsanto’s Technology Agreement

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