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 Posted: Sat Jan 9th, 2010 04:24 am
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KeepOurFreedoms
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January 8, 2010


Monsanto hopes the grass will be greener with new crop of products



Alexandra Frean US Business Correspondent
http://business.timesonline.co.uk/tol/business/industry_sectors/industrials/article6980023.ece


Monsanto, the world’s biggest seed maker, is pinning its hopes on a string of “game-changing” products as its long-time moneyspinner, Roundup weed killer, comes under sustained attack from cheaper generic versions.

Hugh Grant, the US company’s Scottish chairman and chief executive, said this week that the new products should help Monsanto to fulfil its promise to double 2007’s gross profit to $7.5 billion (£4.7 billion) by 2012, as it shifts its focus away from herbicides to its more profitable biotech seeds business.

The two biggest new products, which have just been launched, are Roundup Ready 2 Yield soya beans — a second-generation version of Monsanto’s herbicide-tolerant soya beans, which the company expects to be planted on between 8 million and 10 million acres this year. The other is SmartStax, a line of herbicide-tolerant and pest-resistant corn, which is expected to be planted on more than 4 million acres.

The two are part of a pipeline of 11 products offering farmers better yields and weed and pest control, as well as nutritional benefits. Others include SDA Omega-3 soya beans, aimed at the consumer nutrition market, and Vistive Gold, which can produce reduced-fat soya bean oil.

Products such as these should “give farmers a compelling choice to upgrade to next-generation technologies”, Mr Grant said.

Robb Fraley, chief technology officer, believes Monsanto is “on the verge of a technology explosion”. He said: “This year you will see the first of those game-changing products delivering on the farm.” Pro-jects in the early phases of development will fuel the next wave of technological breakthroughs, he added.

The challenge facing Monsanto was made clear this week by the company’s results for the first quarter of its financial year, which showed an 89 per cent drop in gross profit from Roundup and other glyphosate-based herbicides, as prices were driven down by growing generic competition, particularly from China.

For the year to November 30, Monsanto reported a loss of $19 million, or three cents per share, compared with a profit of $556 million, or $1 per share, a year ago. Analysts had been looking for a breakeven quarter.

Revenue fell 36 per cent to $1.7 billion. The company reaffirmed its previous forecast for earnings of $3.10 to $3.30 per share for 2010.

The world has moved on since Monsanto’s first genetically modified (GM) products in the 1990s were labelled by some, mostly in Europe, as “Frankenstein foods” threatening ecological catastrophe.

Changing diets in the developing world, the effects of climate change and the need to feed a growing world population from a finite supply of farmland have pushed food security up the political and public agenda.

In the UK, the Government is pushing for a more open attitude towards GM and Hilary Benn, Secretary of State for Environment, Food and Rural Affairs, is launching a “food strategy”. Although much of Europe still bans the planting of GM crops, it permits the importation of foods made from them.

In the US, 90 per cent of the soya bean crop and 80 per cent of the corn crop and cotton crop are grown with seeds containing Monsanto’s technology. Other countries are also growing its biotech crops, including India (20 million acres of cotton), Brazil (35 million acres of soya beans) and Argentina (43 million acres of soya beans).

Chris Shaw, an analyst at Ticonderoga Securities, the broker, believes that Monsanto’s short-term prospects are mixed and has issued a sell notice on the shares.

“I have worries about the coming planting season in North America. I think there may be some resistance to the new products, based on pricing,” he said. Mr Shaw said that Monsanto’s Ready 2 Yield soya beans and SmartStax corn were selling at a $20 and $23 premium per acre to their predecessor products.

However, in the long term, Mr Shaw believes that prospects for the company are strong, even though Monsanto is facing increased competition from companies such as Dow Chemicals, Syngenta and BASF. Mr Shaw said: “Their R&D pipeline is robust. And if there is a global food shortage, GM crops are one way to produce more food on less land.”



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 Posted: Sun Jan 10th, 2010 08:06 pm
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GravyBoat
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monsanto are mass murderes of food and poisoning the gene pool and they should be destroyed and will be destroyed very soon after the big revolt and the streets flow with the blood of the unholy and planet x and various asteroids reset the entire globe and i become the cockroach king pray very hard that the cancer man finally gets his come uppance



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 Posted: Mon Jan 11th, 2010 04:54 pm
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GravyBoat
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soy will turn a hearty man a fag - all that estrogen don't you know

added, raw soybeans can seriously injure a human, it's literal poison to the vital organs, soy must be cooked or fermented (tofu/miso) to be digestible, and even then it's not hardly fit for human consumption

cows can eat soy, because cows are "ruminants" and have seven stomachs, thus cows seven processes of digestion, and can break down soy into usable nutritional components



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 Posted: Mon Jan 11th, 2010 08:59 pm
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GravyBoat wrote: soy will turn a hearty man a fag - all that estrogen don't you know

added, raw soybeans can seriously injure a human, it's literal poison to the vital organs, soy must be cooked or fermented (tofu/miso) to be digestible, and even then it's not hardly fit for human consumption

cows can eat soy, because cows are "ruminants" and have seven stomachs, thus cows seven processes of digestion, and can break down soy into usable nutritional components

Is soy considered a grass?  Cows are supposed to eat grass.  Don't you wonder why they are fed so much corn?  It isn't healthy for them....or us.



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 Posted: Mon Jan 11th, 2010 09:06 pm
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soy is a legume/nut, but cows can eat all sorts of things to get fat, and i think they should be taught to swim, then they can eat all the flying carp in the illinois river



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 Posted: Mon Jan 11th, 2010 09:07 pm
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Soybeans (Glycine max) are legumes...broadleaf flowering plants and not a type of grass.



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 Posted: Mon Jan 11th, 2010 11:47 pm
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AgentOregon wrote: Soybeans (Glycine max) are legumes...broadleaf flowering plants and not a type of grass.

Yes, that is what I thought.  Cows shouldn't be forced to eat stuff that wasn't intended for them to eat.



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 Posted: Tue Jan 12th, 2010 12:44 am
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Well...cows eat a lot of things besides grass.

"Fodder" is grass plus twigs, stems and leaves of shrubs and trees...but not every species...gathered and fed to confined animals.




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 Posted: Tue Jan 12th, 2010 01:18 am
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GravyBoat
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legume my eggo

:)



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 Posted: Tue Jan 12th, 2010 01:25 am
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GravyBoat
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AgentOregon wrote: Fodder" is grass plus twigs, stems and leaves of shrubs and trees...but not every species...gathered and fed to confined animals.
My dad became one of those when I was born.






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 Posted: Tue Jan 12th, 2010 02:20 am
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Speaking of eating soy products, today at lunch I had a 3.75-oz. tin of Crown Prince smoked baby clams, wild caught, product of China, packed in soy bean oil, and salt...with saltine crackers.

Yum!

Am I going to be OK?  :wink:



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 Posted: Tue Jan 12th, 2010 02:35 am
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AgentOregon wrote: Speaking of eating soy products, today at lunch I had a 3.75-oz. tin of Crown Prince smoked baby clams, wild caught, product of China, packed in soy bean oil, and salt...with saltine crackers.

Yum!

Am I going to be OK?  :wink:

Keep it up n' yo' balls gonna shrink n' yer chest n' butt hair's gonna fall out!

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 Posted: Tue Jan 12th, 2010 02:45 am
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AgentOregon wrote: Speaking of eating soy products, today at lunch I had a 3.75-oz. tin of Crown Prince smoked baby clams, wild caught, product of China, packed in soy bean oil, and salt...with saltine crackers.

Yum!

Am I going to be OK?  :wink:

Did you drain the oil first? But more to the point...WHY would anyone eat clams???  Eckkkkkkkkkkkk!!!!!!!



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 Posted: Tue Jan 12th, 2010 03:54 am
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No...you just grab some clams with oil dripping off and put a gob of 'em on a cracker...then eat it.

Clams are great...oysters I can do without.



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 Posted: Tue Jan 12th, 2010 03:58 am
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AgentOregon wrote: No...you just grab some clams with oil dripping off and put a gob of 'em on a cracker...then eat it.

Clams are great...oysters I can do without.

Aren't they basically the same thing?



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 Posted: Tue Jan 12th, 2010 04:11 am
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No...clams are mostly muscle while oysters are gooey gobs of guts...



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 Posted: Tue Jan 12th, 2010 04:33 am
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YOGI
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GravyBoat wrote: soy will turn a hearty man a fag - all that estrogen don't you know

added, raw soybeans can seriously injure a human, it's literal poison to the vital organs, soy must be cooked or fermented (tofu/miso) to be digestible, and even then it's not hardly fit for human consumption

cows can eat soy, because cows are "ruminants" and have seven stomachs, thus cows seven processes of digestion, and can break down soy into usable nutritional components

Seven stomachs?  Where'd dat BS come from?

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 Posted: Tue Jan 12th, 2010 04:43 am
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YOGI
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AgentOregon wrote: No...clams are mostly muscle while oysters are gooey gobs of guts...

Dunno bout dat, AO!  Raw oysters kinda remind me o' eyeballin' pussy

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 Posted: Tue Jan 12th, 2010 05:03 am
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Mike Mitrosky
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YOGI wrote: GravyBoat wrote: soy will turn a hearty man a fag - all that estrogen don't you know

added, raw soybeans can seriously injure a human, it's literal poison to the vital organs, soy must be cooked or fermented (tofu/miso) to be digestible, and even then it's not hardly fit for human consumption

cows can eat soy, because cows are "ruminants" and have seven stomachs, thus cows seven processes of digestion, and can break down soy into usable nutritional components

Seven stomachs?  Where'd dat BS come from?

I remember my sister telling me that when i was a little kid.. But when I got older I dont think I could verify that from any biology books.  I think they have one stomach.. The only animal Im aware of with more than one 'stomach' was the earthworm.. while it only has one stomach it also has a gizzard.. (I believe thats the correct word, but I am recalling this from 8th grade biology so its from 27 years ago)..  I believe the gizzard is a less sophisticated digestive mechanism primarily meant to digest cellulose.

Yogi am I right? tell me what prize I won, hehe

:Hiya!:



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 Posted: Tue Jan 12th, 2010 05:04 am
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Mike Mitrosky
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AgentOregon wrote: Speaking of eating soy products, today at lunch I had a 3.75-oz. tin of Crown Prince smoked baby clams, wild caught, product of China, packed in soy bean oil, and salt...with saltine crackers.

Yum!

Am I going to be OK?  :wink:

I like sardines packed in soybean oil...



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