There is massive concentration of ownership (two
seed companies control 60 % of the market, four companies control 83 % of the meat packing industry) so that farmers have little control over the prices they sell their products for.
Not exact matches
But not everyone is over the moon about the tie up that will let one
company control more than a quarter of the world's
seeds and pesticides.
Today, six
companies control 71 percent of the global
seed market, according to ETC Group.
Ritz dismisses worries about the monopolistic
control the technology would transfer to transnational
seed companies by saying anti-competitive behaviour could be dealt with by Canada's Competition Bureau.
The merger will make the Bayer - Monsanto conglomerate the largest
seed and pesticide
company in the world, giving it enormous power to
control farm practices, putting private profits over the public interest.
«We are a vertically integrated
company controlling the product at every level of the operation from
seed development, planting, growing, harvesting, transporting, processing and packaging up to a million pounds of onions on a daily basis,» Director of Sustainability Nikki Rodoni declares.
The
company also uses a computer -
controlled potato planter to accurately
control seed placement and three computerized low - drift ground sprayers to place soil insecticide.
Monsanto, a US - based
company is now the biggest agrochemical giant in the world
controlling almost a quarter of the global proprietary
seed market.
But because of the Chinese government's concern about foreign
control of China's
seed industry, Pray says, officials have allowed the
company to commercialize only one hybrid cultivar.
Six
companies now
control 98 percent of the world's
seed sales; the largest of these is Monsanto.
If allowed to continue unchecked, the farms of the future will be extensions of the GM
seed companies, and that really means Monsanto, and they will
control the prices and production of a vital commodity....
As such diversification of
seed type is restricted and reduced, this variety in a crop is what nature provides to prevent one pest or disease wiping out part of our food supply, but worse than that a GM
company is now in
control of part of the food chain.
That gives Monsanto complete
control over
seed companies because no
seed company could survive without selling Round Up Ready
Seeds.
I believe there is absolutely a direct relationship between living with too much and living with not enough... we have in every part of the world lost
control of our food systems to agribusiness... [referring to Monsanto] a number of
companies... have quite systematically removed
seed banks, have contaminated [and] diminished the genetic material that all people in the world have with which to feed themselves, and it's a terrifying problem.
«This new mega corporation would be the world's biggest
seed maker and pesticide
company, defying important antitrust protections, giving it unacceptable
control over critical aspects of our food supply — undermining consumer choice and the freedom and stability of farmers worldwide.»