Monsanto to Cut 2,600 Jobs as GMO Seed Sales Fall Read more
Oct 17, 2015 8:45:46 GMT -6
Nugget, Mystic Wanderer, and 1 more like this
Post by Rickster on Oct 17, 2015 8:45:46 GMT -6
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Anyone heartbroken about this? As I have said in prior post, our government is close with Monsanto, and works extensively through intimidation to have other countries use their product.
Reuters Report
There is a thought that has been said with financial long range thinkers is that the US might be moving away from a oil (Energy) backed dollar system and wants to move toward a food backed global economy. The idea with cold fusion now coming to the forefront, HAARP being fully tested for weather control, and energy prices falling this could be the answer to keep the US in control of reserve currencies, and future control.
"Better yet, maybe Monsanto’s deep ties with the US government shouldn’t have threatened ‘trade wars’ with nations that would dare to oppose their GMOs. It’s all in The Guardian report about the 2007 WikiLeaks revelations surrounding Monsanto. The U.S. State Department was apparently even paying for Monsanto’s marketing material overseas.
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Reuters Report
“Monsanto Co, one of the world’s largest seed and agrichemical companies, said on Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market.
Sales of corn seeds and traits, Monsanto’s key products, fell 5 percent to $598 million in the quarter. And sales at the company’s agricultural productivity unit, which includes Roundup herbicide, dropped 12 percent to $1.1 billion.”
Unless Monsanto magically decides to turn around and clean up its act, or manages to buy up Syngenta and enter an entire new world of genetic modification, I expect to see similar headlines in the future.
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Sales of corn seeds and traits, Monsanto’s key products, fell 5 percent to $598 million in the quarter. And sales at the company’s agricultural productivity unit, which includes Roundup herbicide, dropped 12 percent to $1.1 billion.”
Unless Monsanto magically decides to turn around and clean up its act, or manages to buy up Syngenta and enter an entire new world of genetic modification, I expect to see similar headlines in the future.
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