June 30, 2010

by Wade Hansen
BloggingStocks

If you are looking for a textbook downtrend, you need look no further than agricultural giant Monsanto (MON). Since hitting a high just above $85 in early January, Monsanto has been on an uninterrupted escalator down to $45.

Unfortunately for Monsanto, today’s disappointing earnings announcement is going to do nothing to help change that situation.

Monsanto announced that it only earned $0.70 per share last quarter — compared to the $1.25 per share the company earned last year. So earnings are off by 44% while the stock price is off by 47% this year.

It looks like poor Roundup and other glyphosate-based herbicide sales are largely to blame for Monsanto’s struggles. It’s not that farmers and others aren’t buying as much herbicide. The problem is the price of these herbicides has declined from $35 a gallon a few years ago to current levels of $8 to $11 a gallon.
Fans of the movie Food, Inc. are certainly happy to see Monsanto struggling, but shareholders may want to consider cutting their losses at this point as it doesn’t look like Monsanto is going to recover anytime soon.

READ MORE…

Advertisements

The Adventures of Aggie the Traveling Agrobacterium is a narrated slide show outlining the genetic engineering process and the danger that it poses in a simple and fun, easy to understand format for both adults and children.

Watch here:

http://farmwars.info/?p=3115


To support this important work by purchasing an Aggie CD, please go here:

http://aggie.farmwars.info

By Barbara H. Peterson

Farm Wars

As we approach what will be a landmark decision for those of us in an agricultural belt whose main crop is alfalfa, I offer this one plea on behalf of reason, before the final verdict is in:

An Appeal for Common Sense to prevail in the case of Monsanto v. Geertson Seed Farms, No. 09-475, in which Judge Clarence Thomas is presiding.

Come on Clarence, we know you can do it! You can make the right decision and uphold the ban on genetically modified (GM) alfalfa. The question is, do you want to? After years of bowing to your GM masters, can you make the leap and strike a blow for food freedom?

Any thinking person knows that genetic modification allowed to spread uncontrolled is harmful to life, liberty and the pursuit of happiness. And just how long do you think it will take for the unbridled scourge of anti-biotic resistance given to us by the genetic engineering process itself, to affect someone in your family? The growth of bacteria is exponential! Or, if you are not planning on being around for that, or feel you are sufficiently protected from having to eat what we the people eat, then by all means support Monsanto, just like the Federal Government does:

In its brief on the merits in support of Monsanto, the federal government similarly argues that the Ninth Circuit erred in establishing a presumption of irreparable harm in NEPA cases.” (Scotus)

And don’t fall for that genetic modification as the new “cure for world hunger” baloney. Any thinking person knows that this is merely a good propaganda buzz phrase used for advertising. Genetic modification has nothing to do with curing hunger, but rather everything to do with increasing the bottom line.

The question is, Clarence, WHAT WILL YOU DO?

©2010 Barbara H. Peterson

By David Gutierrez, staff writer

Natural News

(NaturalNews) Drug and chemical giant Bayer AG has admitted that there is no way to stop the uncontrolled spread of its genetically modified crops.

“Even the best practices can’t guarantee perfection,” said Mark Ferguson, the company’s defense lawyer in a recent trial.

Two Missouri farmers sued Bayer for contaminating their crop with modified genes from an experimental strain of rice engineered to be resistant to the company’s Liberty-brand herbicide. The contamination occurred in 2006, during an open field test of the new rice, which was not approved for human consumption. According to the plaintiffs’ lawyer, Don Downing, genetic material from the unapproved rice contaminated more than 30 percent of all rice cropland in the United States. READ MORE…

(C) 2010 B.H. Peterson Farmwars.info

Source: Non-GMO Project

An Organic Amicus brief has been filed in support of the Center for Food Safety’s case against Monsanto’s Supreme Court appeal of the lower court-ordered injunction against the selling of GM alfalfa. Monsanto seeks to overturn the lower court ruling that prohibits the company from selling its seed, due to the court’s concerns about the adverse effects of widespread GMO contamination. The judge in that case has required USDA to “take a hard look” at the contamination issue before granting the deregulation of GM alfalfa. This “hard look” is intended to be contained in the final environmental impact statement (EIS) that USDA released for public comment in December of 2009. USDA is now in the process of reviewing and preparing its response to public comments as a basis for issuing a final EIS and for deciding whether and/or under what conditions it will deregulation GM alfalfa.

Click here to read the Organic Amicus brief.

By Mike Adams

Natural News

(NaturalNews) As NaturalNews readers already know, corporations and universities right now claim intellectual property ownership over roughly twenty percent of your genetic code. This absurdity has occurred due to bizarre operations of the U.S. Patent and Trademark Office which has handed corporations intellectual property monopolies over everything ranging from human genes to animals and seeds. Monsanto’s “ownership” of genetically modified seed crops, for example, was only made possible by the patent office’s willingness to grant the corporation intellectual property ownership over seeds.

I have long argued that granting patents on seeds, genes and medicines is a violation of natural law. In 2007, for example, I wrote an article entitled ” Corporate Greed, Intellectual Property Laws and the Destruction of Human Civilization” (http://www.naturalnews.com/022096.html) in which I argued that the granting of such patents is a threat to not just human freedom but also the future of life on earth.

What happens when corporations, for example, wish to start collecting royalties on the human genes that you are copying when you reproduce by having children? The mere act of conceiving a child makes you a patent law violator… a criminal engaged in genetic piracy under U.S. law. This may sound patently absurd, if you’ll excuse the expression, but it is precisely what has been held as true under current U.S. patent law. READ MORE

India is leading the way in exposing Monsanto for what it is – corrupt to the core. The following two articles show how Monsanto regularly faked data to get its transgenic crop varieties approved in India.

Thanks to Amicus for the heads up!

READ MORE…