Nope.
This is superior.
No pesticides. 
Bannannas are being wiped out due to a fungus. Such things would be gone. 
Tractors run about 5-10% efficiency.
Fraction of the water.
Very low costs transporting to market. And the good is fresher.
All genetic engineering is not geared for pesticides resistance, but for taste, growth speed , plant efficiency.



The only thing is that their approach can be automated a lot more. Still, they have the right idea.