A USDA report reveals that a handful of monopolies control most the patents on top U.S. commodity crops, inhibiting critical seed research, diversification, and competition.
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The FTC alleges that Syngenta and Corteva maintained pesticide monopolies by paying distributors not to carry generic products. Pesticide firms aren’t the only businesses using pay-to-block schemes.
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A new antitrust suit against seed makers and sellers sheds light on how Big Ag controls the crop input market to preference their products.
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Agribusiness wants to dramatically change the way farmers value and pay for a bag of corn seed, to get a second bite at producer profits. Bayer, the world’s leading seed manufacturer, has been piloting an “outcome-based” pricing program that adjusts the cost of its seeds or agrichemicals based on how well its products perform. Farmers and antitrust scholars worry that goliaths such as Bayer will use this data-driven pricing program to further squeeze farmers and to lock more growers into the behemoths’ product bundles and digital agriculture platforms.
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Canada’s Competition Bureau is looking into an allegation that agribusiness giants Bayer, Corteva, BASF, Cargill, and others tried to crush an online ag retailing startup, the California-based Farmers Business Network (FBN), according to court filings reviewed by The Wall Street Journal.
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The National Black Farmers Association (NBFA) last week said it plans to bring an injunction against Bayer to stop the German corporation’s $66 billion acquisition of Monsanto. The announcement comes as farmers and antitrust advocates across the country organize against the looming merger of the two agrochemical giants, which they say would have dire consequences for both conventional and organic farmers.
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