Bayer Buys out MonsantoĪ while back, two of the largest companies that deal with chemicals and seeds announced a deal. However, the evidence shows contrary to those claims. Many of the fanatics of GMO argue that GMOs comes with a couple of superior benefits. Looking back in 2009, it was evident that GMO soybeans had taken over 91% of the soybean market.Īlso, 85% of the corn in the USA and 88% of the cotton was all genetically modified. Some of these practices are those that help to provide healthy foods for consumers. Hence, eliminating the conventional seeds from the picture effectively.Īlongside that, this has also eliminated a couple of farming practices that are sustainable. The sad truth is that soy and corn particularly have taken over in most parts of the world. In that case, these big five biotechnology companies now own a very big percentage of seeds worldwide. Hence, it has been such a hard time for farmers who are seeking non-GMO seeds. That being the case, almost 90% of the soybeans in the USA are now genetically modified. This has been such a dramatic take over that has left the farmers with very few alternatives. Hence, all these companies have been allowed to access seeds dominantly. Over the last 5 years, Monsanto among other five giants of biotech has bought up to around 200 companies. How Much of Seed Market Does Monsanto Control? Hence, contributing to bees disappearing and being a disruptor of endocrine. The unfortunate part is that there is a subject of conflicting scientific studies that claim glyphosate causes cancer.īesides that, the herbicide has also been accused to cause huge damage to the environment. Therefore, a wide array of other companies produce herbicide worldwide.
To date, glyphosate is still a widely used herbicide in the world since the Monsanto’s patent expired in 2000. This lead to a dramatic jump as the crops could survive the glyphosate. In 1996, the company introduced the “Roundup Ready” crops such as soybeans. Later on, the company started making some genetically modified Crops that were resistant to the Roundup. ICYM – Bayer agrees to $10.9bn settlement over Monsanto’s weedkiller Roundup #glyphosate - Damian Carrington June 29, 2020 People use glyphosate to spray their crops, as well as in forestry and public lawns. However, the company was also linked to making the DDT insecticide.ĭDT was introduced in the 1970s as the Roundup.Īfter its introducing, the use of glyphosate soared far and wide across the globe.
However, Monsanto denied responsibility for how the US forces handle the defoliant. This is a defoliant that was linked to causing cancer as well as other diseases.Īgent Orange was used by the US forces in Vietnam. Monsanto was one of those companies that produced the Agent Orange. However, later in the 1940s, this company ventured into the production of agrochemicals too.
This company started out as a manufacturer for an artificial sweetener known as saccharin. The company Monsanto was founded in 1901 in St.