Quote:
Originally Posted by Azure
But, I think this will not be adopted easily by North American farmers simply because companies like Monsanto and Viterra are going to fight it all the way. Hits their profit margins way too hard.
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Holy Christ... Explain the above, please.
Monsanto sells seed. Why would they want to prevent more growers/acres from entering the market?
Viterra buys seed from producers. Why would they want to prevent more producers/acres from entering the market?
Another thing, Viterra buys cereals + pulse grains. These indoor farms are not growing $.10/lb wheat, $.13/lb durum, $.07/lb barley, $.25/canary, $.13/lb yellow peas, $.27/lb red lentils, etc. Growing any of these in a warehouse would be a colossal waste of time and money. These indoor farmers are growing high return, specialty crops, such as leafy green vegetables, herbs, mushrooms, etc, which can return more than $10/lb (100 times as much as wheat, Viterra's primary commodity).