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> If you allow farmers to replant seeds then Monsanto doesn't exist anymore. Like I mentioned in another post, their seed division is over 100 years old. I don
by randomdata 14y ago
> If you allow farmers to replant seeds then Monsanto doesn't exist anymore.
Like I mentioned in another post, their seed division is over 100 years old. I don't think they are going to disappear overnight because a patent they recently acquired, relatively speaking, went away.
Their biggest sell is that they are able improve the yields on the crops year over year. Replanting the seed you grew last year will leave you falling behind the competition, and probably out of business after a few years. Just one bushel per acre difference means tens of thousands of dollars for the average farm. With razor thin margins, you cannot afford to miss that.
Also, Monsanto is a huge business. The thing they seem to be most excited about right now is their precision agriculture division. (i.e. applying electronics and software to grow better crops) Given the nature of this site, I'm sure you can see the potential there alone.