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To this day nobody in the agritech industry touting expensive super seeds and synthetics has figured out how to sustainably sell their products to developing co
by imtringued 1y ago
To this day nobody in the agritech industry touting expensive super seeds and synthetics has figured out how to sustainably sell their products to developing countries.
Agriculture is the primary industry in most developing nations. The value proposition of agritech is "give us your money and we'll give you food". Meanwhile the people in developed countries need a way to turn what they already produce into money. The objectives are diametrically opposed.
How exactly is an agricultural society that primarily produces crops to feed itself pay for the imported goods which were the source of their money in the past? What I'm trying to get at here is the fact that a domestic farmer has to export their crops to earn money for the imported inputs. You need more land to feed the same quantity of people, because only a portion of the land will be farmed for domestic consumption.
The business model just fundamentally doesn't make much sense, because it makes the underlying assumption that these people are already busy doing more important things than farming that earn them enough money to buy seeds, so buying the more productive seeds means they are less busy farming and spend more time earning money.