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Monsanto’s Dangerous Herbicide Will Generate $1.8 Billion in Profits

Posted By admin On September 23, 2008 @ 3:44 am In Sci Tech | Comments Disabled

Mercola.com [1]
Tuesday, Sept 23, 2008

Monsanto’s Chief Financial Officer Terry Crews has said that Monsanto’s Roundup and other glyphosate-based herbicides are on track to bring in above $1.9 billion of gross profit for the 2008 fiscal year, ahead of the previous forecast. At the same time, the company’s seed corn business should exceed $2 billion in gross-profit generation for the first time, meaning that their herbicides are earning almost as much as their seeds

But Roundup-tolerant weeds — so-called “superweeds” — are on the rise. Eventually, farmers will have to shift away from Roundup because it will no longer be functional.

Few companies seem to be paying attention to this built-in problem with herbicides, however. Bayer is rolling out a new line of herbicide-tolerant seeds designed to withstand doses of Bayer’s glufosinate herbicide.



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URLs in this post:

[1] Mercola.com : http://v.mercola.com/blogs/public_blog/Monsanto-s-Dangerous-Herbicide-Will-Generate--1-8-Billion-in-Profits-70015.aspx

[2] Monsanto’s Roundup Is the Most Used Herbicide in NYC: http://www.prisonplanet.com/monsantos-roundup-is-the-most-used-herbicide-in-nyc.html

[3] Monsanto’s Best-Selling Herbicide Roundup Linked to Infertility: http://www.prisonplanet.com/monsanto%e2%80%99s-best-selling-herbicide-roundup-linked-to-infertility.html

[4] New GMO ‘Agent Orange Soy’ Silently Backed by USDA: http://www.prisonplanet.com/new-gmo-%e2%80%98agent-orange-soy%e2%80%99-silently-backed-by-usda.html

[5] Roundup herbicide can alter morphology of animals – new study: http://www.prisonplanet.com/roundup-herbicide-can-alter-morphology-of-animals-new-study.html

[6] Monsanto-spawned superweeds growing three inches daily, destroying farm equipment: http://www.prisonplanet.com/monsanto-spawned-superweeds-growing-three-inches-daily-destroying-farm-equipment.html

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