The bitter battle that seed giants Monsanto Co. and Pioneer Hi-Bred wage for the hearts and pocketbooks of farmers doesn't end in the United States. They're going at it in Africa, too.
The profit potential in Africa is limited. Production of corn, the two companies' signature food crop, is dominated in Africa by poor, smallholder farmers, who often till two or three acres at the most. There is little commercial-scale corn production outside of South Africa.