Monsanto which is located in 6 continents and 68 countries is the biggest seed company of the 21st century. Monsanto was founded in 1901, St. Louis, Missouri, United States by John Francis Queeny. Likewise, Monsanto Headquarters are currently located in St. Louis, Missouri where founded. Monsanto had about 20,600 workers in 2011. Hugh Grant, the current CEO of Monsanto, has been in this position since 2010. He has a salary of about f $1,391,356 per year excluding his additional profits.
The three main brands of the company in India are Bt Cotton, Dekalb and Roundup. According to the Monsanto Webpages,“Dekalb is a high-yielding hybrid maize seeds, and Roundup is a glyphosate-based product that is a solution to weeds in the farms.” Bt Cotton is a Pest resistant and high yielding genetically modified cotton seeds which have been in use in India since 2002. This is the only GM crop allowed in India by the government because it is not a food crop and it accounts for 93% of the cotton grown in India. Also with the introduction of Bt Cotton in the last 12 years, India has recently become the largest exporter of cotton in the world. Bt Brinjal was allowed in India ,but had to be withdrawn due to the pressure from various social and political groups and since then no GM food has been allowed to be grown in India. Neighbouring country Bangladesh has allowed Bt Brinjal to be grown. To conclude, Monsanto is an active agricultural company doing research and producing high yielding and pest resistant seeds, also producing Roundup in order to help farmers improve production of farms.
In the US there are 37 brands such as West Bred, Seminis, Warrant, Degree, Kira, Lariat, De Router, Corn States etc. Also, out of 50 states in the USA, there are 33 factories located in the separate states. The biggest crop Monsanto produces is GM corn. Most of the corn grown in the US today is a Genetically modified variety originating from Monsanto. Popular beans and grains in the USA, such as Soybean, maize and etc. have been Genetically Modified for better results. In conclusion, Monsanto has a variety of products, locations, hybrids of beans as well as grains, and the US has a massive production of corn.
Anti-industry/MNC perspective Monsanto
Economical impact: Monsanto has got the farmers used to the very expensive seeds, which the company sells and in turn make much of it’s profits from the farmers. It is all alleged that there are a number of farmer suicides because of the cost pressure although not proven yet. Farmers take loans from the banks in order to cover the production cost. The sum up their full year earning is insufficient to pay the banks and save money for family costs. In conclusion, Monsanto pushes the bar for rates of the seeds while seeing farmers’ incomes are not high
Ecological and Environmental : Activists claim that Roundup has done more harm to the environment and water pollution while it also has ill effects on the...