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Monsanto Stock Tanks as Farmers Shun Seeds
10-11-2015, 10:32 AM #1
Free Store Member
Posts:392 Threads:108 Joined:Jun 2013
(Tom Philpott) Pity Monsanto, the genetically modified seed and agrichemical giant. Its share price has plunged 25 percent since the spring. Market prices for corn and soybeans are in the dumps, meaning Monsanto’s main customers—farmers who specialize in those crops—have less money to spend on its pricey seeds and flagship herbicide (which recently got named a “probable carcinogen” by the World Health organization,spurring lawsuits).

Monsanto’s long, noisy attempt to buy up rival pesticide giant Syngenta crumbled into dust last month. And Wednesday, Monsanto reported quarterly revenues and profits that sharply underperformed Wall Street expectations. For good measure, it also sharplylowered its profit projections for the year ahead.

In response to these unhappy trends, the company announced it was slashing 2,600 jobs, 12 percent of its workforce, and spending $3 billion to buy back shares. Share buybacks are a form of financial (as opposed to genetic) engineering—they magically boost a company’s earnings-per-share ratio (a metric closely watched by investors) simply by removing shares from the market. And buybacks divert money from things like R&D—or keeping a company’s workforce whole—and into the pockets of shareholders.

In a conference call with investors (transcript), Monsanto CEO Hugh Grant put a positive spin on the company’s prospects. “Our germplasm performance has never been better, our trait technology has continued to leap and our market position and pipeline remains strong,” he declared. But later, he hit upon a theme that became obvious when Monsanto was stalking Syngenta: that Monsanto’s leadership feels the company is too invested in high-tech seeds, and underinvested in old-fashioned pesticides. (The market for Syngenta owns the globe’s leading position.)

In the call, Jeff Zekauskas, an analyst with JP MorganChase, asked Grant whether Monsanto was still interested in boosting its pesticide portfolio by buying a competitor. Grant’s answer was essentially yes: “We still believe in the opportunity of integrated solutions,” i.e., selling more pesticides along with seeds. He added:

We’ve got a 400 million acre seed technology footprint. We’ve seen time and time again that we can increase revenue and improve grower service by bringing chemistry up on that footprint.

Translation: Our patented seeds and traits are sown on 400 million acres worldwide (about four times the size of California), and if we could sell more pesticides (chemistry) to the people who farm those acres, we could make more money. Later, he noted:

We continue to see duplication in R&D in the sector. We continue to see the low effectiveness of R&D with some of our competitors and we continue to think that consolidation in this space is inevitable.

Translation: Research-and-development investments in the ag-biotech/agrichemical sector aren’t paying off—not enough blockbuster new products—so the few companies remaining in the field (there are six) are going to start swallowing each other up.

Massive layoffs, share buybacks, dreams of buying up the pesticide portfolios of competitors—these aren’t characteristics of a company confident in the long-term profitability of its core technology: the genetic modification of crops.

http://govtslaves.info/gmo-implode-monsa...hun-seeds/

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10-11-2015, 11:07 AM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,289 Threads:1,495 Joined:Feb 2011
The plants themselves are not half as dangerous as the Glyphosate they and the water supply is being inundated with.
Bans and restrictions are being implemented due to the fact that glyphosate (the main ingredient in RoundUp) has been directly linked to several major health issues, including: birth defects, nervous system damage, Alzheimers, Parkinson’s, various forms of cancer, and kidney failure.
It's been recently banned in the Netherlands: http://www.collective-evolution.com/2015...erbicides/
Among other places, it's a known toxin, except those countries where it's still used. Apparently those peoples governments don't care enough to ban it, and are looking at ways to capitalize on it via big pharma and treatment of the symptoms.

wonder.gif

10-11-2015, 11:15 AM #3
Free Store Member
Posts:392 Threads:108 Joined:Jun 2013
Another fish in the wrong streams current.

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10-11-2015, 02:10 PM #4
Octo Mother Superior
Posts:41,550 Threads:1,589 Joined:Feb 2011
Oh. I thought they were stocking up on tanks blonde.gif

tank.gif
10-11-2015, 08:37 PM #5
Cynicalabsurdance Member
Posts:10,569 Threads:240 Joined:Feb 2011
here's another one of your " HAPPY " threads

you fucking ignorant asshole

split dude

just disappear
take all your threads with you

the whole front fucking page is your doom shit news

fuck the fucking fuck off motherfucker



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