Last month Monsanto agreed to be purchased by Bayer AG for $57 billion. The Wall Street Journal is reporting that Monsanto is counting on selling its latest insect-resistant seeds to agricultural companies in North and South America to boost profits:
Jacob Bunge and Anne Steele. 2016, October 6. Monsanto Forecasts Profit Growth. The Wall Street Journal, B3.
The new seeds are genetically modified to withstand pesticides that have been in the past proven to drift, cause harm to plants, as documented in this fact sheet posted by Ohio State University Extension:
Reducing 2,4-D and Dicamba Drift Risk to Fruits, Vegetables and Landscape Plants http://ohioline.osu.edu/factsheet/hyg-6105
Mercola.com has an interesting article about potential health risks associated with the pesticides and herbicides to be used on the newly approved seeds: http://articles.mercola.com/sites/articles/archive/2016/08/30/monsanto-roundup-dicamba.aspx
Arthur Daniels-Midland (ADM), a huge agricultural conglomerate, has stated they won't purchase the seeds because they've not been approved in the EU:
But Monsanto says that the seeds will be approved presently. And given the consolidated power of the Bayer-Monsanto conglomerate, approval seems likely.
ADM, Bunge Won't Buy Monsanto's New Genetically Modified Soy. Bloomberg. May 2 2016. http://www.bloomberg.com/news/articles/2016-05-02/adm-bunge-refuse-to-trade-monsanto-genetically-modified-soybean
Consolidated power in the global agricultural industry threatens us all with dangerous pesticides, herbicides, fungicides and preservatives as regulatory capture prevents objective risk assessments for human and environmental health.
Here is an article addressing consolidation in the global agricultural-chemical industry:
Brad Plumer.Sep 15, 2016. Why Bayer's massive deal to buy Monsanto is so worrisome. Vox, http://www.vox.com/2016/9/14/12916344/monsanto-bayer-mergerAs always, my greatest concern is reproductive risk. If you've never seen this study by European scientists on Round-Up safety I strongly recommend you look it up:
Back in 1994, the world’s four biggest seed companies controlled just 21 percent of the market. But in the years since, as crop biotechology advanced, companies like Monsanto, Syngenta, Dow, Bayer, and Dupont went on a feeding frenzy, buying up smaller companies and their patents. Today, the top four seed companies and top four agrochemical firms command more than half their respective markets.
And the pressures to merge have only become even more intense. Due to an economic slowdown in China and a glut of food production over the past few years, the global agricultural economy has been slumping. Commodity prices have fallen sharply, and farmers have less to spend on supplies (as well as on pricier biotech seeds). And the major seed, chemical, and fertilizer companies haven’t been able to churn out enough innovative new products to counteract this trend.
So their only choice at this point is to consolidate further, hoping to convince shareholders that they can slash costs and keep profits high.
Séralini G. E., Clair E., Mesnage R., et al. 2012. Long term toxicity of a Roundup herbicide and a Roundup-tolerant genetically modified maize. Food and Chemical Toxicology 50(11): 4221-4231.The study looks at TRANS-GENERATIONAL effects and finds reproductive failures and sterility across generations from Round-Up ready seed in laboratory animals.
FDA and EPA testing requirements don't usually include transgenerational analysis and typically fail to address reproductive effects altogether. Read Poison Spring, written by a former EPA whistleblower for background here
More noxious pesticides/herbicides is not the solution to sustainable food nor to a sustainable humanity.