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 haters have to rethink their insults following Bayer deal

Anti-GMO groups that have long organized movements such as "Occupy Monsanto" and "Millions Against Monsanto" are having to rethink their strategies, and their slogans, in light of Bayer AG's planned $66 billion buyout of the company. Environmental ...
Posted: October 26, 2016, 4:05 am

If Monsanto Loses Its Name, What Will Its Haters Have Left to Hate?

Bayer is offering $57 billion for Monsanto, MON-0.78 % and that means Billy Talen has some fiery new songs to write. The co-composer of such tunes as “Monsanto is the Devil” and “Climate Change Blues,” Mr. Talen was hard at work on a recent Sunday ...
Posted: October 25, 2016, 12:15 pm

Do Monsanto and other seed companies sue or harass innocent farmers for unknowingly planting patented seeds?

A common criticism of genetically modified foods is that their seeds are patented. There are different aspects to this concern: some argue that there should be no patenting of any kind on seeds, while others argue that farmers should not be forced to ...
Posted: October 27, 2016, 5:21 pm
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