This article announces that two major seed companies are competing to gain market shares in the GMO seed industry. The two are Monsanto and Pioneer.
Monsanto originally was working with Pioneer but Pioneer has recently entered the field of Genetically Modified Food and the competition is on.
money.iwon.com
In the 1980s, Monsanto first developed genetically modified organisms — or GMOs — and sold them through old-school crop companies like Pioneer.
Monsanto charged Pioneer a licensing fee to sell the crops and gained access to Pioneer's broad-based sales network.
. One of Pioneer's biggest challenges to Monsanto over the next three years will come in the form of new soybeans that are engineered to resist
herbicides, McCarthy said.
Monsanto plans to release its own brand of "Roundup Ready" pesticide-resistant corn and soybean seeds by 2009. Monsanto's first crops were engineered
for the same trait.
Monsanto spokeswoman Lori Fisher said the company is gaining sales by selling "triple stack" seeds that have more than one genetically engineered
trait — such as herbicide and pest resistance.
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Please visit the link provided for the complete story.
This a perfect example of what’s wrong with reporting these days. This is not reporting it’s a press release. There is absolutely no critical
analysis of what exactly genetically modified foods are or what they can do. There is a large body of information, scientific fact that GMO’s can
be exceedingly dangerous to humans and animals alike. Information to the contrary has been fabricated by corporation like Monsanto, whose original
plan was to produce 100% of the world’s seeds.
These crops have not been proven safe but the industry has lobbied to prevent labeling of GM products as genetically modified. The government has
gone along and made it unnecessary to label GMO’s. Unfortunately the cats out of the bag these GMO’s have already spread and cross fertilized.
So once again what is best for the people has not come to pass. Why?
It’s all about the money. If Monsanto were to corner the market on seeds they could make billions. You would have to buy new seeds every year. You
can not use any that your crop produces because the producer has property rights. It is a dangerous scam. That’s why many countries have already
banned the import of many American agricultural products like soybeans and corn. Doesn’t it stand to reason that a plant genetically modified to
have a pesticide in it may not be safe?
Two very good sources on GMO’s are
Dinner at the New Gene Café
Bill Lambrecht
Seeds of Deception by Jeffrey M. Smith