SocraticGadfly: Monsanto: Another reason to fear GMO

December 13, 2009

Monsanto: Another reason to fear GMO

I've talked in the past about how the push for more and more GMO crops not only risk dangerously decreasing food genetic diversity, it also threatens further impoverishment for developing nations' agriculture.

Well, the 800-pound GMO gorilla of Big Ag, Monsanto, offers more proof of that. And, if you don't care about sub-Saharan Africa, what if GMO crops wind up costing you and I in the USofA MORE for food here, too? Eh?
Monsanto increased some corn seed prices last year by 25 percent, with an additional 7 percent hike planned for corn seeds in 2010. Monsanto brand soybean seeds climbed 28 percent last year and will be flat or up 6 percent in 2010, said company spokeswoman Kelli Powers.

Nice, eh?

Monsanto is using its same financial power here in the US to run more and more independent seed companies out of business. Which means developing countries don't even stand a chance.

And, that's the reality of today's GMO agriculture.

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