Monsanto: Sowing The Seeds To Improve Its Public i

Position If there were one word to explain what Monsanto is ab come to the fore, it would confuse to be farmers. Billions of people depend upon what farmers do. And so will trillions more. In the following(a) few decades, farmers will have to grow as some(prenominal) nutrient as they have in the past 10,000 geezerhood combined. It is our adjudicate to work alongside farmers to do exactly that. To put out more food. To produce more with less, conserving resources like soil and water. And to fixate better lives. We do this by selling seeds, traits developed through with(predicate) biotechnology, and surf protection chemicals. Mission statement from Monsantos website Founded in 1901 as a chemical company, the Monsanto Company of today only resembles its designer self. Starting in 1981, Monsanto began to diversify its operations into biotech preen research. This apace became Monsantos core business, and the chemical division was spun-off only in 19 97. Monsanto released its first genetically engineered product, bovine growth hormone, in 1994. This was followed by genetically modified (GM) soybeans and cotton in 1996 and GM corn in 1997. These genetically engineered seeds were developed specifically for their unsusceptibility to the weed killer Roundup, which was an existing Monsanto product that had been introduced in 1976.

These seeds, which Monsanto dubbed Roundup-ready digest farmers to spray their palm with the herbicide to kill weeds without alter the crops themselves. While these products ab initio debuted to a rocky start, the gradual wo rd meaning of GM crops has turn them into a! cash cow for Monsanto. Monsanto currently dominates the market for GM seeds, possessing over 90% of market parting directly or by licensing its technology to competitors. (Hindo and Schneyer, 6) This success is unmistakable in Monsantos reported net profit of $2.1 cardinal on $11.7 billion of revenue in 2009. Monsanto shares have travel 1000% since Hugh confess took over as chairman and chief executive officer in 2003. (Hindo and Schneyer, 1) The very...If you compliments to get a full essay, collection it on our website: OrderCustomPaper.com

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