John Boyd, Jr., President of the National Black Farmers Association on the Monsanto MonopolyPosted: February 22, 2012
Through a gracious link to a story that I posted on this blog about a Monsanto billboard featuring a black farmer, I found John Boyd’s commentary on the virtual monopoly Monsanto holds over seeds in this country. Boyd argues that this monopoly is a greater threat to black farmers today than the racism that has traditionally impeded their prosperity. Please click through to this one, it is well worth the read.
High Price of Monopoly: Why American Farmers Must Buy From Just One Seed Company from the National Black Farmers Association website, Feb. 21, 2012
For most of the NBFA’s history, racial discrimination was the biggest threat to Black farm ownership. More recently, however, anti-competitive conduct by monopolists and reduced competition for the biotechnology that we need has emerged as a major obstacle. Our strenuous efforts to sound the alarm on this very important issue continue to fall on deaf ears. I recently read an article on how Monsanto has used the image of Black farmers on billboards to promote its products. Ironically the image was spotted in Iowa, a state where I know firsthand that Black farmers barely number above the single digits.