Report on corporate concentration in the life industries. […]
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American farmers are feeling the effects of a concentrated seed industry. Seed options are diminishing while prices increase at historic rates. This report examines these troubling trends. […] The price of GE corn, soybean, and cotton seed has risen sharply in recent years. Seed expenditures per acre are now cutting into net farm income, and transferring earnings that used to stay on the farm to the seed industry. […] This paper analyzes the state of competition in the transgenic seed industry which is heavily dominated by biotechnology giant Monsanto. […] The financial fallout from the 2006 discovery of contamination of US rice supplies with LL601 (“Liberty Link”) could amount to between US$741,000 to US$1.2 billion. […] Biotechnology is a risky business, says the report. For countries, especially developing countries, which is contemplating setting up their own biotech centers this study throws light into what it takes to create a thriving and financially successful cent […] Biotechnology is considered both as an industry and as a technology which will spur the development of the countries of the South and lift them out of poverty. The following article considers whether there is any justification for this. […] Monsanto, the world’s leader in developing and marketing GE seeds, is at a risk of financial setback if it continues with its current business focus on GE-related products, says Innovest Strategic Value Advisors in a report commissioned by Greenpeace. […] An analysis showed that the company faces risks from producing GE foods that include product liability, biopharm contamination, consumer rejection and insurance industry concern, thus raises questions to its economic viability. […] |
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