We're very concerned that the price of seed continues to rise, as does the price of all agricultural inputs. Seed prices are rising faster than most. With the potential merger of Bayer and Monsanto and the increased consolidation of not just six top seeds and pesticide companies but three, controlling perhaps 60% of the seeds and pesticide market, there will be more pricing power in fewer hands. The trend is increased cost for farmers. It's farmers who are paying for that. Farm debt is not being alleviated.
On October 4th, 2016. See this statement in context.