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Claire Moylan

Rising food prices may start with seeds - latimes.com - 2 views

  • A decade ago, salesmen from as many as 50 seed companies would compete for their dollars. Each would promise healthier plants, richer yields or a better discount. Today the Leakes have little choice: There are four seed companies in their area, and all sell seeds that include genetic traits patented and licensed by Monsanto Co., the world's largest seed firm.
  • The concerns of farmers such as Leake will take center stage in Ankeny, Iowa, on Friday as the Justice Department and U.S. Department of Agriculture kick off the first of a yearlong series of public meetings to examine whether antitrust practices in agriculture are driving food prices higher.
  • The government is also trying to ferret out reasons for the sometimes vast gaps between what farmers are paid for producing food and the prices shoppers pay at the grocery store.
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  • Many experts believe that rising food prices start with seeds.
  • Yet over the last decade, the number of independent seed companies in the U.S. has shrunk to fewer than 100 from more than 300, said Bill Wenzel, national director of the nonprofit Farmer to Farmer Campaign on Genetic Engineering, a network of 34 farm groups.
  • Today, four companies account for 50% of the world's proprietary seeds for major crops. The leader is Monsanto Co., whose marketing practices the Justice Department is investigating.
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