Opinion: Monsanto's Transgenic Soy Sowing Misery In Latin America

Monsanto's Transgenic Soy Sowing Misery In Latin America
'MON 810', a variety of genetically modified maize (corn) developed by Monsanto Company is pictured during an action by anti-GMO activists calling for its ban on January 23, 2012 at a Monsanto storehouse in Trebes near Carcassonne, southern France. AFP PHOTO / ERIC CABANIS (Photo credit should read ERIC CABANIS/AFP/Getty Images)
'MON 810', a variety of genetically modified maize (corn) developed by Monsanto Company is pictured during an action by anti-GMO activists calling for its ban on January 23, 2012 at a Monsanto storehouse in Trebes near Carcassonne, southern France. AFP PHOTO / ERIC CABANIS (Photo credit should read ERIC CABANIS/AFP/Getty Images)

Early this month, Monsanto, the agribusiness global corporation reported tripling its profits of biotech corn seeds in Latin America. It was a scary thought all around.

With headquarters in St. Louis, Missouri, and multiple locations on all five continents, Monsanto “has spread its seed.” Company sales in Latin America increased 21 percent to $2.9 billion in the three months ending November 30 of last year, and its share rose 40 cents a share compared to the same quarter the year before.

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