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Looking at the material conditions, at who may benefit and how they may do so, should always be among the first steps in any intellectual investigation.
...but...
...sometimes, there isn't a clear cut material explanation. People are things of matter yet it does not fully define how we behave. Only informs it. Gives it a floor and a ceiling. A context. Our actions can still be compelled by the intangible, by the ideological. Sometimes people act against their own interests without realizing it.
Also, the more small-to-medium regional farms fail, the more land can be snapped up on the cheap by big ag companies