Monsanto Profits Drop Twenty-Five Percent Again as Farmers, Individuals Go Organic

Monsanto Profits Drop Twenty-Five Percent Again as Farmers, Individuals Go Organic

Photo: BizJournals.com

Biotech giant Monsanto reported multiple profit-plummets in 2015 relating to sales for both its genetically modified crop creations and its best-selling herbicide, Roundup. Once again, Monsanto has reported declining profits for the fiscal second-quarter earnings – by 25%.

For Monsanto’s 2nd quarter, total sales for Monsanto dropped 13%; with one of Monsanto’s top-sellers, corn seeds, falling 11%. The biotech giant cites an “unfavorable agricultural market” for its losses, pointing out that:

  • Pressures in overseas markets is increasing
  • Farmers are reporting less income due to less-than-ideal harvests
  • The strength of the U.S. dollar made products more expensive

But the company makes little or no mention of the other key factors affecting its bottom line.

  • Organic food demand is exploding like crazy – and the figures show no sign of it slowing any time soon.
  • The world is seeing how toxic pesticides and herbicides really are.
  • Record farmers are switching to non-GMO crops.

While the company is admittedly still seeing profits in the billions, the continuous decline paints a bleak picture for the agricultural giant. It means that the massive grassroots movement against Big Biotech giants such as Monsanto is working, and that our collective voice is being more than heard.

With awareness growing on the potential dangers of GMOs and the very real negative impact pesticides and herbicides have on human health and the environment, why wouldn’t anyone go against such an unsustainable, harmful business?

Earlier this year, Monsanto announced that sales in the company’s agricultural productivity segment, which includes its best-selling Roundup herbicide, fell 34% to $820 million for the quarter ending November 30. Monsanto also revealed that it plans to cut more of their work force – a total of 3600 jobs, which accounts for 16% of its global employee base. The biotech giant will also record $1.1 billion to $1.2 billion in ‘restructuring’ costs.

Amid the falling profits, the mega-corp not only lied to consumers about the safety of GM seed and their best-selling herbicide, but also lied to investors! The company was to pay an $80 million settlement to the US Securities and Exchange Commission (SEC) as a penalty for lying about earnings for glyphosate-riddled herbicide, Round Up.

Also in 2016, it was announced that plans to construct a $90 million GM corn processing plant in Independence, Iowa would be scrapped due to a ‘struggling farm economy.’ [1]

The company’s recently-failed attempt to takeover Syngenta has also left them in a weaker position amid a steep downturn in the agricultural business.

“We no longer see large-scale M&A as a likely opportunity,” Mr. Grant told investors on a conference call after reporting fiscal second-quarter earnings that fell short of analysts’ expectations. “Our strategy is not and was not dependent on large-scale M&A.”

With organic food sales having approached $37 billion annually, up 12% from just a year ago, and farmers switching to organic crops at a growing rate, the future of food actually has a nice glow to it. The masses are seeing just how toxic our current approach to agriculture can really be, and we simply do not want it anymore.

Monsanto’s time seems to be slowly and steadily plateauing, and it’s all thanks to you.


Views: 115

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

Why Did We Americans Become so Cynical? At Least Those Who Think

 Cynicism is a form of counter intelligence. It materializes when the general public has been…See More
15 hours ago
tjdavis posted a video
yesterday
Doc Vega posted blog posts
yesterday
cheeki kea commented on Snakedaddy's album
Thumbnail

a soon shit

"lol at first I thought this was an acronym or phase meaning an urgent trip to the lavatory but alas…"
yesterday
tjdavis posted a video

Europe will be an Islamic Muslim State

සිංහලෙන් කියවන්න http://sinhalabuddhist.comSlavery, Terrorism and Islam: The Historical Roots and Contemporary Threat.. Adapted from Dr. Peter Hammond's book...
Monday
Sandy posted a video

A conversation with Charlotte Iserbyt

“The Deliberate Dumbing Down of America — A Chronological Paper Trail”, will change forever the way you look at your child’s education. Written by whistleblo...
Monday
Doc Vega posted a blog post

Realizations

Used to think I had something special to bringThat I was seeing what others weren't seeingThe…See More
Sunday
Burbia replied to cheeki kea's discussion Tartaria
"I forget some written language reads from right to left. The various calendars used up to now from…"
Sunday
Less Prone favorited Burbia's blog post Mystery illness strikes Russia with fever, blood symptoms, and no cure in sight.
Sunday
Less Prone commented on Burbia's blog post Mystery illness strikes Russia with fever, blood symptoms, and no cure in sight.
"Sounds like a bioweapon"
Sunday
Doc Vega commented on Doc Vega's blog post Through Her Disguise
"cheeki kea Thank you so much your words are  always inspirational. But, when the word joy…"
Sunday
Sandy posted a photo
Sunday
cheeki kea replied to cheeki kea's discussion Tartaria
"The early writing."
Saturday
cheeki kea commented on Doc Vega's blog post Through Her Disguise
"Spoken like a true poet. I wanted to reply to your comment but had to think on it for awhile. My…"
Friday
Doc Vega posted blog posts
Apr 10
Snakedaddy posted a photo
Apr 10
Snakedaddy commented on Snakedaddy's album
Thumbnail

a soon shit

"a soon shit"
Apr 10
Snakedaddy posted a photo
Apr 10
cheeki kea replied to cheeki kea's discussion Tartaria
"Thanks for reply Burbia. Language wise there appears to be Hungarian sub branch component to it…"
Apr 10
tjdavis posted a video

Passing Strange- Keys/ It's Alright

I do not own the rights to this video... But it is Helluva awesome.
Apr 9

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted