I just read this headline moments ago and it made my jaw drop: Monsanto’s Earnings Nearly Double as They Create a Farming Monopoly. I had to post and comment. Non-GMO farmers are getting pushed out of the market, but it’s not for a lack of trying on their part. Read below about the giant of all biotech companies, Monsanto, their predatory and bullying tactics and the brave heroes who dare to challenge them. But it’s getting more difficult.
Excerpts from the full article written by Charlotte Silver at AlterNet.
Last week Monsanto announced staggering profits from 2012 to celebratory shareholders while American farmers filed into Washington, DC to challenge the Biotech giant’s right to sue farmers whose fields have become contaminated with Monsanto’s seeds.
Exploiting their patent on transgenic corn, soybean and cotton, Monsanto asserts an insidious control of those agricultural industries in the US, effectively squeezing out conventional farmers (those using non-transgenic seeds) and eliminating their capacity to viably participate and compete on the market.
Between 1997 and 2010, Monsanto filed 144 lawsuits against family farmers and settled 700 cases out of court. Furthermore, food groups estimate that Monsanto investigates hundreds of farmers each year as potential culprits of patent infringement.
Victims of Monsanto’s predatory lawsuits include farmers who used Monsanto seed but violated the licensing agreement, as well as those farmers who never had any intention of growing GE plants. OSGATA et al v Monsanto deals with the latter group and represents 31 farms and farmers, 13 seed-selling businesses, and 31 agricultural organisations that represent more than 300,000 individuals and 4,500 farms or farmers.
…the federal courts have always protected Monsanto’s rights to profit via a patenting system that increasingly impinges on individual and market freedom, allowing Monsanto to abuse its patent rights.