monsanto takes a nose-dive

Submitted by sproutingforth on Thu, 2010-10-21 10:19

Highlights from this article on the grist:

Monsanto has, in the last few weeks, gone from Wall Street hero to Wall Street doormat.

Thousands of farmers are reconsidering the merits of Monsanto's flagship Roundup Ready crop varieties...

What we're seeing is signs that GMO technology is much cruder and less effective than its champions have let on. After decades of hype and billions of dollars worth of research, much of it publicly funded, the industry has managed to market exactly two traits. More devastating still, it has failed on its own terms: it has not delivered the promised dazzling yield gains...

Read the full article.