Post by raphael on Oct 6, 2010 13:55:45 GMT -5
I finally got to watch the documentary. Unfortunately you can't get the final part. (guess they don't want you to rip it off and want you to buy it) Anyway it's a MUST watch. You will NEVER view food the same way.
You can watch the other parts on the side.
BTW since Monsanto had a big appearance in this documentary I thought this article was very pertinent.
Monsanto can kiss my red rosy arse! Evil I tell ya!
You can watch the other parts on the side.
BTW since Monsanto had a big appearance in this documentary I thought this article was very pertinent.
As recently as late December, Monsanto was named 'company of the year' by Forbes magazine. Last week, the company earned a different accolade from Jim Cramer, the television stock market commentator. 'This may be the worst stock of 2010,' he proclaimed.
Monsanto, the world's biggest seed company, plans to complete most of its $800 million stock buyback plan more than a year ahead of schedule after the shares dropped to the lowest since 2007.
Monsanto, the giant of agricultural biotechnology, has been buffeted by setbacks this year that have prompted analysts to question whether its winning streak of creating ever more expensive genetically engineered crops is coming to an end.
The latest blow came last week, when early returns from this year's harvest showed that Monsanto's newest product, SmartStax corn, which contains eight inserted genes, was providing yields no higher than the company's less expensive corn, which contains only three foreign genes.
Monsanto has already been forced to sharply cut prices on SmartStax and on its newest soybean seeds, called Roundup Ready 2 Yield, as sales fell below projections.
But there is more. Sales of Monsanto's Roundup, the widely used herbicide, has collapsed this year under an onslaught of low-priced generics made in China. Weeds are growing resistant to Roundup, dimming the future of the entire Roundup Ready crop franchise. And the Justice Department is investigating Monsanto for possible antitrust violations.
www.nytimes.com/2010/10/05/business/05monsanto.html?_r=2&partner=rss&emc=rss
Monsanto, the world's biggest seed company, plans to complete most of its $800 million stock buyback plan more than a year ahead of schedule after the shares dropped to the lowest since 2007.
Monsanto, the giant of agricultural biotechnology, has been buffeted by setbacks this year that have prompted analysts to question whether its winning streak of creating ever more expensive genetically engineered crops is coming to an end.
The latest blow came last week, when early returns from this year's harvest showed that Monsanto's newest product, SmartStax corn, which contains eight inserted genes, was providing yields no higher than the company's less expensive corn, which contains only three foreign genes.
Monsanto has already been forced to sharply cut prices on SmartStax and on its newest soybean seeds, called Roundup Ready 2 Yield, as sales fell below projections.
But there is more. Sales of Monsanto's Roundup, the widely used herbicide, has collapsed this year under an onslaught of low-priced generics made in China. Weeds are growing resistant to Roundup, dimming the future of the entire Roundup Ready crop franchise. And the Justice Department is investigating Monsanto for possible antitrust violations.
www.nytimes.com/2010/10/05/business/05monsanto.html?_r=2&partner=rss&emc=rss
Monsanto can kiss my red rosy arse! Evil I tell ya!