It seems impossibly fanciful, almost like a script for a Bond movie.  A clutch of mega-corporations hatches a plan for the global control of an absolute fundamental for life itself: food.  The plan calls not simply for the global domination of food supply, but for placing Nature beyond the law so farmers and growers must buy their seeds from the corporations.  And because those seeds are genetically manipulated to produce barren plants, they must do it afresh every drilling season.

Cue the suave, unkillable good guy who always steals the villain’s very delectable girlfriend?  ‘Fraid not this time.  It’s down to freedom-loving Americans to save the world from predatory capitalism, with maybe some help from Ron Paul.  There’s about a week left in which to inform Congress about right and wrong as they pertain to this bill.

From that last link (Campaign for Liberty):-

Pay special attention to
Section 3 which is the definitions portion of the bill-read in it’s entirety.
section 103, 206 and 207- read in it’s entirety.
Red flags I found and I am sure there are more…........
Legally binds state agriculture depts to enforcing federal guidelines effectively taking away the states power to do anything other than being food police for the federal dept.
Effectively criminalizes organic farming but doesn’t actually use the word organic.
Effects anyone growing food even if they are not selling it but consuming it.
Effects anyone producing meat of any kind including wild game. 
Legislation is so broad based that every aspect of growing or producing food can be made illegal.  There are no specifics which is bizarre considering how long the legislation is.  
Section 103 is almost entirely about the administrative aspect of the legislation.  It will allow the appointing of officials from the factory farming corporations and lobbyists, and classify them as experts and allow them to determine and interpret the legislation.  Who do you think they are going to side with?  
Section 206 defines what will be considered a food production facility and what will be enforced up all food production facilities.  The wording is so broad based that a backyard gardener could be fined and more.
Section 207 requires that the state’s agriculture dept act as the food police and enforce the federal requirements.  This takes away the states’ power and is in violation of the 10th Amendment.

An MR reader sent me the following clip, which is actually of a guy reading an Op-ed News article titled “Monsanto’s Dream Bill”:-