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Old 17-10-2003, 08:02 AM
Martin Brown
 
Posts: n/a
Default GM crops giant Monsanto pulls out of Europe

In message m, Tim
Challenger d writes
On Thu, 16 Oct 2003 15:58:13 +0200, martin wrote:


http://www.telegraph.co.uk/news/main.jhtml;$sessionid$FWR5QGCNKO04FQFIQ
MGSFGGAVCBQWIV0?xml=/news/2003/10/16/wmons16.xml&sSheet=/news/2003/10/1
6/ixnewstop.html


Good news for anti-GM-croppers, but bad news for all the people employed in
thier normal (ie non-GM) crop business and research.


Monsanto had it coming. They were far too arrogant and tried to force
their GM produce down everyone's throats. They deserve to lose their
European businesses. Too bad for their employees - but Monsanto gambled
for very high stakes and lost.

If enough people avoid GM soya then the premium prices offered for the
non-GM varieties will eventually force US growers to sow classical
crops.

There are other more responsible European GM crop developers who hate
Monsanto for giving the entire industry a bad name almost as much as the
greens and luddites do. GM is still a potentially useful technology.

Regards,
--
Martin Brown