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Monsanto


 

Monsanto Company {{nyse|MON}} is a multinational agricultural biotechnology corporation. It is the world's leading producer of the herbicide glyphosate, marketed as its flagship product, Roundup. Monsanto is also by far the leading producer of genetically engineered (GE) seed, holding 70%?100% market share for various crops. Agracetus, owned by Monsanto, exclusively produces Roundup Ready soybean seed for the commercial market. In March 2005, it finalized the purchase of Seminis Inc, making it also the largest conventional seed company in the world. It has over 15,000 employees worldwide, and an annual revenue of $5.4 billion US reported for August, 2004.

Related Topics:
Multinational - Agricultural biotechnology - Corporation - Herbicide - Glyphosate - Roundup - Genetically engineered - Seed - Crop - Agracetus - March - 2005 - Seminis Inc - Employee - Revenue - Billion - August - 2004

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Monsanto's development and marketing of genetically engineered seed and bovine growth hormone, as well as its aggressive legal and lobby practices have made the company a primary target of the anti-globalization movement and environmental activists. While other chemical and biotech multinationals face similar criticisms, Monsanto is easily the most reviled. Many activists refer to Monsanto's products as frankenfoods, and its most vehement opponents refer to Monsanto as "Monsatan". It is often referred to while mentioning Corporate terrorism.

Related Topics:
Genetically engineered - Seed - Bovine growth hormone - Lobby - Anti-globalization movement - Environmental activist - Frankenfood - Corporate terrorism

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