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 April 22, 2017
GMO plants, like all other plants, do not “sleep” in the sense that you and I as mammals sleep. However, plants do have natural processes that may be cyclic or seasonal, indicating a cycle or rhythm to their growth and life. This is not technically “sleeping” but let me give you a couple of examples of what I mean.    Some plants have a type of metabolism known as CAM (Crassulacean Acid Metabolism). Plants which have CAM close the pores on their leaves... Read More
Posted on August 15, 2017
  On average, the recent research that has been conducted on GMOs, on a per product basis is calculated to be an average of $130 Million (and 13 years). This is a per product average, so each product that reaches commercialization in a given year would also cost something similar to this value.   Please see below for additional helpful resources: The Cost and time involved in the discovery, development and authorization of a new plant biotechnology derived trait by Phillips... Read More
Posted on February 9, 2017
A species is defined by the ability to reproduce viable offspring, so any two plants within a species generally have the potential to cross pollinate. Like any good successful mating, it requires the union of male and female contributions at the right time, same place. So absolutely, GE crops have the potential to cross with non-GE crops of the same species—if they manage to get it on through time and space.    So the rules that apply to dogs and teenagers also apply to... Read More
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