Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: United States

Financing biotech

I am writing you in response to your column "Who's selling biotech?" in the Mid-March issue, page 10.

I am 73 plus years old, farmed all my life and have witnessed many, many changes. I remember certified seed corn being introduced in the '30s and the price of corn at $6 to $8 a bushel. Today, it is not uncommon to pay well over $100 for a bag of biotech corn.

My intent is not to try to compare today with 60 years ago but to agree with your statement of farmers' "history of talking to customers and funding check-off programs."

Farmers have for years - directly or indirectly - financed agribusiness's research and promotional plans by paying inflated prices for the seed they purchase. We are asked now by Monsanto to hear them out in their feeble attempt to explain why $9 bean seed is available in South America and we are asked to pay double the price.

Who is financing the expansion of bean acres and promoting bean seed sales? None other than the American farmer. Malcom A. Smith Willard, OH

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.