My understanding is that a lot of the big agribusiness is structured as a monopsony - all the people farming a particular crop have only one big Ag company they all have to sell their produce to and that company sets the price low enough that the farmers doing the actual growing for Big Ag are still getting screwed.
Most ag business, the people working the fields don’t own the land, the corporations do. Most of America’s farmland is owned by corporations and is worked on by employees being paid peanuts. (Frequently, undocumented immigrants whose status is being used to keep them from complaining about the illegally low wages.)
My understanding is that a lot of the big agribusiness is structured as a monopsony - all the people farming a particular crop have only one big Ag company they all have to sell their produce to and that company sets the price low enough that the farmers doing the actual growing for Big Ag are still getting screwed.
Most ag business, the people working the fields don’t own the land, the corporations do. Most of America’s farmland is owned by corporations and is worked on by employees being paid peanuts. (Frequently, undocumented immigrants whose status is being used to keep them from complaining about the illegally low wages.)