Posted on 10/08/2014 8:50:29 AM PDT by Olog-hai
Agriculture business giant Monsanto Co. reported a wider-than-expected loss Wednesday for its fourth quarter on higher expenses, including a one-time legal settlement.
The companys earnings forecast for 2015 also fell short of analysts expectations as Monsanto said it expects continued industry headwinds. [ ]
The loss came despite higher sales of the companys two key business units, genetically-engineered seeds and herbicide.
(Excerpt) Read more at bigstory.ap.org ...
Good News !!!!
".. genetically-engineered seeds.." which are rejected, as are the crops produced, by the European Union , and Russia .
You can lead the horse to GMO’s but you can’t make him eat them.
I’m not worried about the opinion of our socialist enemies. Of course, since Obama supports Monsanto to a degree, this is more socialist duplicity.
Ran into an old acquaintance who is now a geneticist specializing in crops (not a Monsanto employee)
His take is that people are starving needlessly because of the EU embargo on a particular GM strain of rice.
I celebrate their loss!
They just need to spread some money around the EU Parliament members, the old fashioned way!................
Ask him what happens when one or two major corporations control the food source in the country/world?
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