Yes, it is true that high-yielding varieties of any major commercial monoculture crop will produce more per acre than peasant-bred varieties of the same crop. But by diversifying crops, mixing plants and animals, planting trees — which provide not only fruit but shelter for birds, shade, fertility through nutrient recycling, and more — small landholders can produce more food (and more kinds of food) with fewer resources and lower transportation costs (which means a lower carbon footprint), while providing greater food security, maintaining greater biodiversity, and even better withstanding the effects of climate change. (Not only that: their techniques have been demonstrated to be effective on larger-scale farms, even in the Corn Belt of the United States.) And all of this without the level of subsidies and other support that industrial agriculture has received in the last half-century, and despite the efforts of Big Ag to become even more dominant.
Also: how gross is your high-end meat?
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