Titans of Industrial Agriculture

How a Few Giant Corporations Came to Dominate the Farm Sector and Why It Matters

Part of One Planet

How a small handful of giant transnational corporations has come to dominate the farm inputs sector, why it matters, and what can be done about it.

Every year, hundreds of billions of dollars’ worth of farm machinery, fertilizer, seeds, and pesticides are sold to farmers around the world. Although agricultural inputs are a huge sector of the global economy, the lion’s share of that market is controlled by a relatively small number of very large transnational corporations. The high degree of concentration among these agribusiness titans is striking, considering that just a few hundred years ago agricultural inputs were not even marketed goods. In Titans of Industrial Agriculture, Jennifer Clapp explains how we got from there to here, outlining the forces that enabled this extreme concentration of power and the entrenchment of industrial agriculture.
Clapp reveals that the firms that rose to the top of these sectors benefited from distinct market, technology, and policy advantages dating back a century or more that enabled them to expand their businesses through mergers and acquisitions that made them even bigger and more powerful. These dynamics matter because the firms at the top have long shaped industrial farming practices that, in turn, have generated enormous social, ecological, and health impacts on the planet and the future of food systems. Beyond analyzing how these problems have arisen and manifested, the book examines recent efforts to address corporate power and dominance in food systems and assesses the prospects for change.

Among the first works to examine deep roots of corporate power in agriculture, Titans of Industrial Agriculture helps illuminate just how corporate actors have encouraged the “lock-in” of industrial agriculture, despite all its known social and ecological costs.
Series Foreword
Preface
List of Acronyms
1 Introduction
Part I: The Rise to Corporate Bigness in the Agricultural Input Industry 1840s–1940s
2 Farm Machinery
3 Fertilizers
4 Seeds
5 Pesticides
Part II: Consolidation and Expansion in the Mid-20th Century
6 Lock-In and Ship Out
7 Mergers of Distress in Farm Machinery and Fertilizers
8 Mergers of Opportunity in Seeds and Chemicals
Part III: 21st Century Mergers and Their Consequences
9 Drivers of Recent Agribusiness Mega-Mergers
10 Power to Shape Markets
11 Power to Shape Technology
12 Power to Shape Policy and Governance
Part IV: Conclusion
13 The Uncertain Path Ahead
Notes
References
Index
Jennifer Clapp is Canada Research Chair in Global Food Security and Sustainability and Professor in the School of Environment, Resources and Sustainability at the University of Waterloo. Her recent books include Food, 3rd edition, Speculative Harvests, and Hunger in the Balance. She is a member of the International Panel of Experts on Sustainable Food Systems and previously served as Vice Chair of the Steering Committee of the High-Level Panel of Experts on Food Security and Nutrition (HLPE-FSN) of the UN Committee on World Food Security (CFS).

About

How a small handful of giant transnational corporations has come to dominate the farm inputs sector, why it matters, and what can be done about it.

Every year, hundreds of billions of dollars’ worth of farm machinery, fertilizer, seeds, and pesticides are sold to farmers around the world. Although agricultural inputs are a huge sector of the global economy, the lion’s share of that market is controlled by a relatively small number of very large transnational corporations. The high degree of concentration among these agribusiness titans is striking, considering that just a few hundred years ago agricultural inputs were not even marketed goods. In Titans of Industrial Agriculture, Jennifer Clapp explains how we got from there to here, outlining the forces that enabled this extreme concentration of power and the entrenchment of industrial agriculture.
Clapp reveals that the firms that rose to the top of these sectors benefited from distinct market, technology, and policy advantages dating back a century or more that enabled them to expand their businesses through mergers and acquisitions that made them even bigger and more powerful. These dynamics matter because the firms at the top have long shaped industrial farming practices that, in turn, have generated enormous social, ecological, and health impacts on the planet and the future of food systems. Beyond analyzing how these problems have arisen and manifested, the book examines recent efforts to address corporate power and dominance in food systems and assesses the prospects for change.

Among the first works to examine deep roots of corporate power in agriculture, Titans of Industrial Agriculture helps illuminate just how corporate actors have encouraged the “lock-in” of industrial agriculture, despite all its known social and ecological costs.

Table of Contents

Series Foreword
Preface
List of Acronyms
1 Introduction
Part I: The Rise to Corporate Bigness in the Agricultural Input Industry 1840s–1940s
2 Farm Machinery
3 Fertilizers
4 Seeds
5 Pesticides
Part II: Consolidation and Expansion in the Mid-20th Century
6 Lock-In and Ship Out
7 Mergers of Distress in Farm Machinery and Fertilizers
8 Mergers of Opportunity in Seeds and Chemicals
Part III: 21st Century Mergers and Their Consequences
9 Drivers of Recent Agribusiness Mega-Mergers
10 Power to Shape Markets
11 Power to Shape Technology
12 Power to Shape Policy and Governance
Part IV: Conclusion
13 The Uncertain Path Ahead
Notes
References
Index

Author

Jennifer Clapp is Canada Research Chair in Global Food Security and Sustainability and Professor in the School of Environment, Resources and Sustainability at the University of Waterloo. Her recent books include Food, 3rd edition, Speculative Harvests, and Hunger in the Balance. She is a member of the International Panel of Experts on Sustainable Food Systems and previously served as Vice Chair of the Steering Committee of the High-Level Panel of Experts on Food Security and Nutrition (HLPE-FSN) of the UN Committee on World Food Security (CFS).