Farmers Getting Played A Monopoly Essay

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Andrew Luetkenhaus 29 November 2016 English 1000-Cox Essay 3 Farmers Getting Played When one company controls ninety-percent of a market, it is reasonable to open the doors to the possibility of a monopoly. This word is a board game to some, a boring econ principle to others, but a harsh reality for twenty-four million American farmers and their families. (Farmers Feed Us) Monsanto has taken control of the farming world and it is hitting farmers hard. The powerful company controls ninety-percent of the soybean market and much of other farming markers which are a lifeline for farmers across this country. It is clear to many that it is a monopoly, but nothing is being done to break up Monsanto. There is much controversy behind the issue on a political level and on what motifs there may be to keep the company together. Monsanto is hurting farmers by monopolizing the farming market and there are political ties behind the master plan to keep control. Monsanto is a known name in America correlated with the farming industry, but most people do not even scratch the surface in researching the company. The name appears in colleges and in many articles. Monsanto is an international corporation based out of the United States of America. They are accredited with most of the genetically modified crops in the country today. In 1996, Round Up Ready soybeans were introduced to the farming community. (Brown) This was main introduction of GMOs into agriculture. By 2003, Monsanto already

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