Backlash in the Heartland against GMOs.
Some of the genetically modified organisms (GMOs) pushed by Monsanto, including Roundup Ready grain products, are facing stronger and stronger resistance by farmers, especially in North Dakota. (*) The problem is that Monsanto’s genetically modified wheat, for example, might spread and contaminate natural wheat. Then, if foreign buyers continue to reject genetically modified food products, farmers could be unable to sell either modified wheat or natural wheat except at a reduced price. The worry is that the price reduction would be large.
Note that Monsanto’s business health is not directly tied to the health of farms. If farming operations suffer, other, larger corporate-owned operations will take up the slack. Therefore, farmers are wise to be a little suspicious about Monsanto’s new products like its Roundup Ready line.
Update: 9 April 2004. Linked by Patently Obvious (†) who has more information.
May 4th, 2003 at 21:20
Great commentary on GMO’s and our dear friends at Monsanto. One can’t help but be frightened of something those sleazebags come up with that will end up in our food… PCB’s ring a bell…
April 9th, 2004 at 14:02
Monsanto Co. v. Homan McFarling (Fed. Cir. 2004)
Monsanto Co. v. Homan McFarling McFarling replanted some ROUNDUP READY(r) soybeans that he had saved from his prior year’s crop in violation of the Technology Agreement that he signed as a condition of his purchase of the seeds from Monsanto.