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 agrochemicals cause genetic damage in soybean workers – study

Soybean workers exposed to the agrochemicals like glyphosate, the main component in Monsanto’s ‘Roundup’ herbicide and other biocides, suffer from elevated DNA and cell damage, according to a new study. The study, published in the journal Mutation ...
Posted: January 22, 2015, 11:36 am

Monsanto Company Receives “A” Credit Rating from Morningstar (MON)

Monsanto Company (NYSE:MON) has earned an “A” credit rating from Morningstar. The firm’s “A” rating indicates that the company is a low default risk. They also gave their stock a three star rating. MON has been the subject of a number of other ...
Posted: January 26, 2015, 6:06 am

Monsanto Gets Roundhouse Kicked! Chuck Norris Criticizes Inventors of Roundup

Over the last couple of years, more people have become aware of Monsanto, the company known for genetically modified organisms (GMOs), Agent Orange, and Roundup. Most of this awareness was found through independent studies conducted by universities on ...
Posted: January 22, 2015, 12:00 am
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