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1. Climate Corp was part of Monsanto before it became Bayer. It was acquired by Monsanto.
2. John Deere wanted to buy Climate as well as Monsanto but that was struck down by US courts and Bayer bought Monsanto.
3. What was Climate Corp doing before? They had something called Field View where they charged farmers to collect and collate data.
4. All precision Ag, Ag robotics and farm data collections have two big industry ‘partners’: Wall Street and Farm input companies.
5. Now add farmland to Precision Ag/Ag robotics.
6. This is a kind of consolidation of land, inputs, data and machinery.
6. Eventually, all land will be owned by farm machinery companies and input companies. There won’t be any more farmers in the future but only farming corporations.
7. It goes back to Wall Street because big Ag is commodities.
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(Command to format, since this comes up regularly: sed 's/ \([0-9]\. \)/\n\n\1/g')