Monsanto’s Latest Victory

15 May

Monsanto won a settlement against a small farmer this last week in Indiana. The farmer had bought genetically modified seed, grew crops with that seed, and used the excess seed for planting in future years. The judges in a unanimous ruling said he had violated patent law, which he did. The lawsuit has also expanded the FUD factor among organic farmers. FUD is that ever successful marketing campaign that stands for Fear, Uncertainty, and Doubt.

The ultimate goal of Monsanto is to replace all natural seed with their “patented seeds”, genetically modified of course. And along with that, produce matching “patented” pesticides designed specifically to be sprayed on the resulting crops. And to further that effort and to maximize profits, produce seed that is incapable of generating useful seed from its crops. So, every year, every farmer in the world would have to pay Monsanto for their seed, or not be able to grow crops. That is if Monsanto achieves its goal. I encourage you to watch The World According to Monsanto.

Another tactic used to further expand its market since 1997, has been to take small farmers to court. (An official explanation from Monsanto is available online.) These farmers may simply have been trying to grow organic produce, while surrounded by fields of genetically modified crops. Seed from the GMO fields drift onto the organic land. The contaminated fields are sampled for GMO plants. Once the GMO plants are found, Monsanto sues the farmer. You can imagine the ability of a small farmer to defend from such litigation. Most farmers simply back down, or sell out.

If you think the chemical companies are not being successful in displacing mother nature, check out an article from Mother Jones. If you think that we don’t fully understand what GMO products are doing to our bodies, don’t read it.

If you want to jump on the profit margins from this world changing strategy, go long MON, DD, and DOW.

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