> to grow all that shit Monsanto roundup-ready corn/soy/alfalfa/etc.
Corn and soybean seed generally has a viable period of around 2-3 years. Monsanto hasn't been in business for seven years now. Who, exactly, do you think stored their seed for so long and is now planting all that 7+ year old seed which, at this point, has a low chance of germination?
> Could you offer some color on the prominent narrative from farmers (even in this article) that the last few years have just been terrible for farmers?
I honestly have no idea. Three years ago in particular is when the perfect storm lead to historically high commodity prices. If that's what they consider the worst time in agriculture history, I have no understanding of where they are coming from. The problem right now is that the input costs are still trying to act as if it is still three years ago, which is a problem, but the cure for high prices is high prices. I see no reason to think that will last.
As suggested before, it is likely that they are overleveraged and the loss of profitability coupled with higher interest rates is what is killing them. That's the trouble with trying to be a mid-sized player.
> You seriously think these 400+ farmers that attended this meeting got into trouble because they bought “new toys“?
I'm just not sure how else you go from some of the most profitable years in agriculture history to bankruptcy in the span of a year or two. Vendor prices have not yet come back down in line with reality, nobody is going to question that, but, as they say, the cure for high prices is high prices. These temporary aberrations are par for the course. For what reason is there to believe that this time is different?
> There’s a monopoly in farming like there’s a monopoly in tech.
Yes, Nvidia looks quite similar in a lot of ways. But the pick and shovel makers have always been best positioned to take advantage of gold rushes. That isn't unusual.
> And you think you can go into tech with some niche business and somehow become Google before Google buys you up?
I'm not really sure how this applies in any way, but especially because you don't really have to compete for customers in commodities. A commodity implies that you have automatic customers. It is not like you have to try and convince users to use your product over Google's.