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Old 06-09-2003, 06:02 AM
Brian Sandle
 
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Default GM crop farms filled with weeds

Torsten Brinch wrote:
On 5 Sep 2003 10:53:23 GMT, Brian Sandle
wrote:


"Torsten Brinch" wrote in message
...

..
Monsanto ad, for Roundup Ultra in RR cotton:
"The only weed control you'll need"

http://www.weeds.iastate.edu/weednews/mon-ad.GIF



Interesting that ad is offering Roundup with a hood to use on weeds
in non-GM cotton crops, too.


I found it more interesting that it is offering Roundup as all-season
direct spray in RR cotton. I thought past true 4 leaf stage in cotton
there would be risk of late season herbicide damage from direct sprays
in cotton.


I read Monsanto is to split into separate herbicide and GM
companies. It was said that Monsanto is to sell its chemical branch.


Where did you read that, Brian?



Linkname: (6/5/1997) Monsanto Put Wrong Gene in 60,000 Bags of
Roundup-Ready Canola Seeds, Enough to Seed 600,000 to 750,000
Acres.
URL: http://eces.org/articles/static/86548680054869.shtml
size: 254 lines

Sorry it was old news.

Some of the chemical business was put into a company name Solutia, and
that took over responsibilty for some of Monsanto's pollution.


(Note: Monsanto also breeds conventional seeds, it's not just GM.
They report huge improvements from marker-assisted conventional
breeding for yields, in corn, particularly, in last years annual
report.)


I thought that that side of the business was the more profitable.

It looks like GM may be being downplayed. Monsanto has not had
sufficient financial success, has it?


Threatened by extinction might be a tad strong, but Monsanto does seem
to have become rather small now, compared to what it was back in the
1990's. Share values took a beating last year when Pharmacia spun
Monsanto off, and soon after the CEO left the company. But, who knows,
Monsanto may have something big in the product pipeline, although I
can't imagine what that could be.


Gordon may know more about returns from Monsanto shares, whether
they have been satisfactory returns on investments and how they
have been developing over the years.



Linkname: Report: Jury rules Solutia owes $3.6M to Alabama plaintiffs
- 2003-04-04 - St. Louis Business Journal
URL:
http://stlouis.bizjournals.com/stlou...1/daily89.html
size: 183 lines

LATEST NEWS
April 4, 2003

Report: Jury rules Solutia owes $3.6M to Alabama plaintiffs

[...]
More than a year ago, the jury found Solutia, then Monsanto, liable
for knowingly contaminating Alabama homes and bodies with PCBs, known
carcinogens. More than 3,500 residents of Anniston had sued both
companies.
[...]
St. Louis-based Solutia Inc. (NYSE: SOI) develops specialty chemicals,
fibers, fluids and other performance products. The company's stock has
fallen from $12.55 a share when the trial started in January 2002 and
closed Friday at $1.28 a share, down more than 5 percent.
- 2003 American City Business Journals Inc.
[...]

I don't quite understand the "more than 5%". It seems to be down nearly
90%.

Will Monsanto in future form other companies to take losses for clean-up
responsibilty, genetic type?

Though some of the chemical business went into Solutia it seems they kept
Roundup.