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 will keep selling seeds treated with pesticides linked to bee deaths

Monsanto Company and other seed makers plan to keep selling soybeans coated with a pesticide linked to honey bee deaths and which the EPA recently found to produce no benefits to yields. Monsanto spokesman John Combest said the company would keep offering ...
Posted: October 21, 2014, 1:16 pm

Monsanto kills of bees, butterflies, and life as we know it

An organization called “Friends of the Earth” is reaching out to the public and asking for signatures on a petition to protect monarch butterflies. Most of us think of butterflies simply as a beautiful part of nature, but monarchs, like bees, are ...
Posted: October 18, 2014, 9:26 pm

Monsanto Company Receives Average Recommendation of “Buy” from Brokerages (NYSE:MON)

Shares of Monsanto Company (NYSE:MON) have received an average recommendation of “Buy” from the nineteen analysts that are covering the stock, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell rating, four ...
Posted: October 22, 2014, 7:00 am
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