QWhat is to stop monsanto if one day they say "hey we're not selling any products to the public"? The vast majority of foods would then be held ransom basically. Similar to microsoft of the 1990's having a monopoly on operating systems monsanto is the mono

What is to stop monsanto if one day they say "hey we're not selling any products to the public"? The vast majority of foods would then be held ransom basically. Similar to microsoft of the 1990's having a monopoly on operating systems monsanto is the monopoly on foods and farmers can't compete. if monsanto decides to halt production or sales of their products, they could effectively starve the entire country.

AExpert Answer

Monsanto¹s core business is selling seeds to farmer customers.  Farmers have many choices for their purchases and we have to work hard to earn their business.  Consider the U.S. market for corn and soybean seed.  While there is variability in the specific market share data in any given year, if you look at the trend of the corn seed Monsanto sells, our brands would be roughly one-third of the market. Among corn seed suppliers, there is one other company with a similar or larger seed share in corn and literally hundreds of other seed companies who sell corn seed to American farmers. In soybeans, Monsanto's share would be a bit less than one third of the market, making it second in the market, and like corn, there are scores of other seed companies who sell soybean seed to American farmers. Globally, while Monsanto is one of the largest commercial seed companies, what we offer is less than five percent of the world's seeds.

Posted on January 3, 2018
Farmers have a choice to which seed they purchase, sell, plant and grow - whether biotech, conventional or organic. Although, with the 10 crops available in the U.S., only a few varieties of sweet corn, squash, potato and apples have genetically engineered options.   Expert Katie Pratt, a farmer from Illinois, discusses in this response how her family farm chooses specific seeds to plant and grow.   Michelle Miller, also known as The Farm Babe, briefly explains industrial... Read More
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Posted on January 2, 2018
Thank you for your questions, we would like to address these individually.   Why are GMOs created if scientists are not aware if it is really harmful? and Are GMOs really safe if you’re mixing to different DNA strands? yes GMOs are safe. In fact, according to this response, “the overwhelming consensus of scientific experts and major scientific authorities around the world, including the World Health Organization, Food and Agriculture Organization of the United Nations, and... Read More
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Posted on January 3, 2018
What we know from decades of scientific safety studies and research is that GM foods are safe for humans to eat. In fact, according to this response, “the overwhelming consensus of scientific experts and major scientific authorities around the world, including the World Health Organization, United Nations Food and Agriculture Organization and the American Medical Association have ruled that GMOs are safe.”   “In the spring of 2016, The National Academies of Science,... Read More
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