28 - Agricultural Mergers & Acquisitions

The business of Ag has seen a rapid amount of consolidation. Seed, chemical, equipment, fertilizer, and possibly even grain handlers are getting fewer in number. And bigger. Will size and scale stifle innovation? Do new companies have greater control over farm customers? Seems it’s not a matter of if, but when, will we reach the point of Big 3 Economics - with 3 major players in every category. But does it even matter? A century ago critics screamed Sears was going to control the world! How’d that play out?