alt Hacker NewsPrisoner’s dilemma: margins are razor thin. If your fellow farmers use better seeds then you are forced to use them as well. Otherwise you won’t be able to match their prices without selling at a loss.
Replies
thechao • today at 11:52 AM
Only if the cost of monsanto seed + roundup is less than the cost of regular seed per expected harvested bushel? Otherwise, no one would use the monsanto seed + roundup?
That's true of any productivity enhancement. If your neighbors use more efficient tractors you're at the same disadvantage, but nobody argues that farmers should be able to steal tractors.