Quote:
Originally Posted by Greedy,Greedy,Greedy
Bayer was a sizable player in Agri-business and Agri-tech and bought Monsanto, which was already the biggest player in a lot of Agri-business and -tech. It has a huge impact on agriculture.
Other aspects of Ag have also been rapidly consolidating - tractors, feed, etc.
I suspect the last decade has seen more consolidation in ag-related businesses centered in rural areas than in tech. It's true on the buy-side as well, where meat and vegetable packing and distribution businesses have been rapidly consolidating, and on the production side, where there are now a lot of players consolidating agricultural land into ever bigger entities.
Red, rural America is going to kill off a big chunk of its economy shipping all the ag profits out to blue state urban finance centers.
That said, one of my clients made a killing on Brazilian ag land when Trump put in his tariffs. Since the US soy business was dead in the water for 6 months, the land flipped quickly at a multiple. He had a couple parcels each slightly bigger than Rhode Island.
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Right after I posted I realized you meant the Monsanto stuff. And yeah, it is scary.
David Chang did a series last year about the Future of Food. Scary stuff. But entertaining and with some hopeful bits.
https://m.youtube.com/watch?v=sbyoZ2KetYo
