Monsanto is the most hated company throughout the world
Its shares are publicly traded and its headquarters is in St. Louis, Missouri. The company is grouped among the leading producer of genetically engineered seeds marketed under round up brand. It was started in 1901 by John Francis (Monsanto Company). In the 1940s, it was among the major plastic producers, including synthetic fibers and polystyrene. Among the major achievements of Monsanto and its scientists is a successful research on hydrogenation catalytic asymmetric and being the first to produce diodes that emit light. Initially, the company engaged in the manufacture of controversial products that included insecticides.
It was grouped among the first companies that genetically modified plant cell and conduct a field trial for genetically modified crops in 1987. From 1997 to 2002, Monsanto was among the top ten chemical companies in the U.S when it began to diversify its operations. The company's production of genetically modified crops granted Robert Fraley, chief technology officer a world food prize wins. Monsanto became the pioneer in biotechnology industry business application in agriculture. In such business models, most companies engage in research and manage their expenses through enforcement of the biological patents. The use of the genetically modified seeds and the global attempt by Monsanto to encourage usage came to a clash with the customary practices as farmers worked hard to save, encourage reuse, share, and ensure development of plant varieties. As a result, the model of seed patenting has been heavily criticized and referred as bio piracy and enormous threat to biodiversity.
Profile Monsanto as a multi-national corporation in 2014
In 1970 glyphosate was invented by John Franz, Monsanto chemist. Currently Monsanto is the leading glyphosate herbicides producer through round up products in the US. In 2007, Monsanto's glyphosate was used heavily up to 84,000 tons in the US. Although this product has been approved by regulatory bodies throughout the world, there have been persistent concerns about the human and environmental effects. In 2009, the sale of roundup and GM seeds represented up to 50% of Monsanto business. The patent of Monsanto's roundup and the GM seeds is expiring in 2014. In 2012, Monsanto became the world's greatest supplier of vegetable seeds. The company was able to earn $800 million from the sale of seeds (Monsanto Company). The company is also listed in the New York Stock exchange market, but the greatest challenge is the company's inability to meet its target most of the time during their trading. In 2013, the company launched its first Trans genetic drought resistant corn. Monsanto operates in the US, and the majority of its users include citizens of North America, Argentina, UK, Brazil, China, India, and Haiti and many users around the world.
Why there are so many protest campaigns against Monsanto in its recent history
Currently, Monsanto is the most hated company throughout the world. There were claims about up to two million protesters or anti Monsanto in over 50 countries by the end of May. This happens because of the health concerns associated with it. It is notable due to its high level of law suits, where the company is both a defender and plaintiff. It has been involved in numerous suits attracting a lot of fines and damages. Protesters of Monsanto products have claimed that individuals eating monsoon developed foods are consigning themselves to sickly and short lives. Some of the diseases associated with it include cancer, allergies, sterility, and liver problems (Planes, n/d). According to research, there are several cases of cancer currently reporter, this includes cancer of the liver, stomach, colon, and rectum. For instance, there have been claims that, recently there was an increase in death rates due to chronic liver related diseases and cirrhosis. These are the major concerns that make Monsanto company GMOs products to be heated most throughout the world.
How Monsanto has responded to these criticisms and defended its role in industrial agriculture
However, although there are several protesters of GMOs, Monsanto in most cases have been able to defend itself. They have claimed that there are several economic benefits associated with their products thus farmers keep using them despite the several critiques. The company claims that there are more end products or the yield from genetically modified seeds than when ordinary seeds are used. As a result of the high yield, lower cost of acquiring to the consumer. The lower cost will help to improve consumers' standard of living hence economic stability of the country (Planes, n/d).
Own take on Monsanto
Indeed, it is difficult to eliminate issues such as GMOs kill people, from protesters minds. However, the truth is that in the long run GMOs will become the leading source of food in the world (Planes, n/d). This is so because corporate monitor is stronger than its citizen's motivators in the US. Therefore, in my option, Monsanto will continue with their production of GMOs. With the current population increase, it becomes necessary to produce low cost GMOs that are affordable to majority. This is one of the major advantages associated with Monsanto products. On the other hand, the main disadvantage associated with Monsanto products is the health concern and claims that it leads to cancer related diseases. Overall, I am for the use of GMOs because of their economic or cost value. Issues such as GMOs is a killer have not been proven scientifically because even though there are people who have died due to cancer, there have not been direct reference that GMO products from Monsanto caused it to happen.