2 ms·
https://www.ft.com/content/ff8abbc2-7302-11e9-bf5c-6eeb837566c5 https://www.ft.com/content/ff8abbc2-7302-11e9-bf5c-6eeb83756... Good Rana Faroohar piece that to
by olivermarks 7y ago
https://www.ft.com/content/ff8abbc2-7302-11e9-bf5c-6eeb837566c5 https://www.ft.com/content/ff8abbc2-7302-11e9-bf5c-6eeb83756...
Good Rana Faroohar piece that touches on this:
'concentration of power in agribusiness has been a bigger and certainly a longer-term problem for American farmers than China. As a few companies gained control of key areas of the food supply chain, spending on research and development fell, input costs rose, and margins for individual farms went down. The CAP report also documents small farmers being forced into opaque contracts and held up by ridiculous rules, such as those forbidding them to repair their machinery without permission from John Deere or other large manufacturers'