Monsanto Net Worth is18.6 12-Month Sales Growth (%)
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Monsanto Company (NYSE: MON) is a publicly traded American multinational agricultural biotechnology corporation headquartered in Creve Coeur, Missouri. It is a leading producer of genetically engineered (GE) seed and of the herbicide glyphosate, which it markets under the Roundup brand. Founded in 1901 by John Francis Queeny, by the 1940's it was a major producer of plastics, including polystyrene and synthetic fibers. Notable achievements by Monsanto and its scientists as a chemical company included breakthrough research on catalytic asymmetric hydrogenation and being the first company to mass-produce light emitting diodes (LEDs). The company also manufactured controversial products such as the insecticide DDT, PCBs, Agent Orange, and recombinant bovine somatotropin. Monsanto was among the first to genetically modify a plant cell, along with three academic teams, announced in 1983, and was among the first to conduct field trials of genetically modified crops, which it did in 1987. It remained one of the top 10 U.S. chemical companies until it divested most of its chemical businesses between 1997 and 2002, through a process of mergers and spin-offs that focused the company on biotechnology.
Monsanto was a pioneer in applying the biotechnology industry business model, developed by Genentech and other biotech drug companies in the late 1970s in California, to agriculture. In this business model, companies invest heavily in research and develop and recoup the expenses through the use and enforcement of biological patents. Monsanto's application of this model to agriculture, along with a growing movement to create a global, uniform system of plant breeders' rights in the 1980s, came into direct conflict with customary practices of farmers to save, reuse, share and develop plant varieties. Its seed patenting model has also been criticized as biopiracy and a threat to biodiversity. Monsanto's role in these changes in agriculture (which include its litigation and its se

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Monsanto Latest News

Monsanto's GMO seed patents begin to expire

(NaturalNews) Once upon a time, people who planted seeds and worked with the land answered only to the laws of nature. Farmers were free. They kept the seeds from each harvest so they could plant them again the next season. No permission was required to ...
Posted: August 26, 2015, 7:16 pm

Monsanto Company’s “Buy” Rating Reaffirmed at Credit Suisse (MON)

Credit Suisse restated their buy rating on shares of Monsanto Company (NYSE:MON) in a report released on Friday morning, Analyst Ratings Net reports. Credit Suisse currently has a $141.00 target price on the stock. A number of other brokerages also ...
Posted: August 29, 2015, 3:36 am

Agricultural giant Monsanto drops bid for competitor after $47bn offer rejected

A combination with Syngenta would have made Monsanto the world’s largest producer of farming chemicals, on top of its market-leading seed business Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the ...
Posted: August 27, 2015, 3:58 am
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