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 Is A Buy Into Earnings, Sorry Vegans And GMO Activists

"Controversial" food and seed production company Monsanto (NYSE:MON) is all set to report earnings April 2nd. We put controversial in quotes because we don't really buy into the anti-GMO hype. We do, though, buy into the "making money" hype, and that's ...
Posted: March 31, 2015, 10:02 am

The Monsanto Privacy Model? Monsanto and Farmer Organizations May Be Forging New Path to Data Cooperation

Monsanto is usually thought of (and sometimes reviled) for its sale of genetically modified seeds, but the company is increasingly becoming the key big data technology firm providing real-time data to farmers as they plant their fields. Since it purchased ...
Posted: March 27, 2015, 10:06 am

Monsanto provides $4 million to help monarch butterfly

Agribusiness giant Monsanto said Tuesday it would spend $4 million to help restore the dwindling monarch butterfly population. The St. Louis-based company said it will match the U.S. Fish and Wildlife Service's initial $1.2 million pledge to the National ...
Posted: March 31, 2015, 7:33 am
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