Monsanto Records $156 Million Loss For Fourth Quarter

Monsanto Co. reported that the company recorded a loss of $156 million in the latest quarter, a loss that was considerably higher than expected. The loss amounted to about 31 cents per share. Analysts expected a loss of around 24 cents per share. Revenue rose to $2.63 billion in the quarter, an increase of more than 19 percent. That was higher than analysts’ forecasts of revenue of $2.42 billion. The company expects to post earnings of $5.75 to $6 for the full fiscal year.

During the quarter, two of the company’s business units, genetically-engineered seeds and herbicide, posted higher than average sales. Sales of biotech seeds increased to $1.38 billion, a 16 percent rise. Herbicide and agricultural product sales increased to 1.25 billion, a 23 percent rise.

rinf.com - Occupy Monsanto

What Is Monsanto?

The World According to Monsanto

Thanks to these intimate links between Monsanto and government agencies, the US adopted GE foods and crops without proper testing, without consumer labeling and in spite of serious questions hanging over their safety. Not coincidentally, Monsanto supplies 90 percent of the GE seeds used by the US market. Monsanto's long arm stretched so far that, in the early nineties, the US Food and Drugs Agency even ignored warnings of their own scientists, who were cautioning that GE crops could cause negative health effects. Other tactics the company uses to stifle concerns about their products include misleading advertising, bribery and concealing scientific evidence.

The World According to Monsanto is a 2008 film directed by Marie-Monique Robin. Originally released in French as Le monde selon Monsanto, the film is based on Robin's three-year long investigation into the corporate practices around the world of the United States multinational corporation, Monsanto The World According to Monsanto is also a book written by Marie-Monique Robin, winner of the Rachel Carson Prize (a Norwegian prize for female environmentalists). Wikipedia

GMO A Go Go!

Millions of GMO Mosquitoes Released Without Risk Assessment or Oversight

London/ Munich Thursday 8^th November 2012 A briefing published today by public interest groups highlights how regulatory decisions on GM insects in Europe and around the world are being biased by corporate interests.

The briefing shows how UK biotech company Oxitec has infiltrated decision-making processes around the world. The company has close links to the multinational pesticide and seed company, Syngenta. Oxitec has already made large-scale open releases of GM mosquitoes in the Cayman Islands, Malaysia and Brazil and is developing GM agricultural pests, jointly with Syngenta. Plans to commercialise GM insects would result in many millions of GM insects being released in fields of crops, including olives, tomatoes, citrus fruits, cabbages and cotton. In future, any insect species might be genetically modified.

The briefing also highlights problems with a World Health Organisation (WHO)-funded project which has allowed the company to bypass requirements for informed consent for the release of GM mosquitoes. The WHO-funded Mosqguide project, which was supposed to be developing best practice, also allowed the company to gain approval from Brazilian regulators to release 16 million GM mosquitoes before draft regulations on the release of GM insects had been finalised or adopted, without publishing a risk assessment.

Dr Helen Wallace, Director of GeneWatch UK said “The public will be shocked to learn that GM insects can be released into the environment without any proper oversight. Conflicts-of-interest should be removed from all decision-making processes to ensure the public have a proper say about these plans.”

Full story on Farm Wars

More about Genetically Engineered Mosquitoes on Pakalert Press

GMO (genetically modified organisms) Ticking Time Bomb

Monsanto told us that DDT was safe. Monsanto told us that Agent Orange was safe. Now Monsanto and other chemical companies are in charge of telling us that their own genetically modified foods are safe.

The Real Food Channel

Genetically Modified Food, Panacea or Poison?

NaturalNews.tv