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Seeds

Consolidation of seed and ag biotech industry

Project: Genetic Engineering and the Privatization of Seeds
Open-Content project managed by Derek, mtuck

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Monsanto spends $8 billion acquiring, or establishing relationships with, several US and foreign seed companies. [Canadian Business, 10/8/1999; Center for Food Safety, 2005, pp. 9-10 pdf file] The list of companies includes: Calgene, Inc.; Asgrow Agronomics; Asgrow and Stine Seed; Agracetus; Holden’s Foundation Seeds, Inc.; Monsoy (a Brazilian soybean company); Cargill’s international seed divisions (with operations in Asia, Africa, Europe, and Central and South America); Plant Breeding International; and DeKalb Genetics (the world’s second largest seed company). Pioneer Hi-Bred is the only major US seed company that Monsanto does not buy out. However, Pioneer has purchased rights from Monsanto to use technology relating to Roundup Ready soybeans and Bt corn. A 2005 report by the Center for Food Safety will say that one of the factors contributing to Monsanto’s cornering of the GM market (see 1998 and later) is its control of these seed companies. “[T]hese companies (often owned or indirectly controlled by Monsanto) had to agree that 90 percent of the sales of herbicide-tolerant soybeans would contain Monsanto’s patented technology. This requirement was later dropped to 70 percent after Monsanto came under scrutiny from government regulators. Through this sort of ownership and control of seed companies, Monsanto has been able to ensure that competition [will] remain small and that its patented genetically engineered crop varieties [will] be the ones most readily available to the American farmer.” [Center for Food Safety, 2005, pp. 9-10 pdf file]

Entity Tags: Monsanto, Calgene, Inc, Pioneer Hi-Bred International Inc., Agracetus, Asgrow and Stine Seed, Asgrow Agronomics, Holden’s Foundation Seeds, Inc, Monsoy, Plant Breeding International, DeKalb Genetics, Cargill

Category Tags: Seed/biotech industry consolidation, Monsanto

Monsanto’s net sales for the year is $8.6 billion and its share of the genetically modified seed market is 88 percent. Trailing behind Monsanto are Novartis and DuPont. [Canadian Business, 10/8/1999]

Entity Tags: Dupont, Novartis, Monsanto

Category Tags: Monsanto, Seed/biotech industry consolidation

Monsanto says it will purchase Delta & Pine Land Company, the company that shares a jointly-held patent on terminator technology with the US Department of Agriculture (see March 3, 1998). [Ecologist, 9/1998] The acquisition will be stalled by US anti-trust agencies, and in December 1999 Monsanto will drop its bid (see December 19, 1999).

Entity Tags: Delta & Pine Land Company

Category Tags: Monsanto, Delta & Pine Land, Terminator seeds, Seed/biotech industry consolidation

Just three years after its introduction into the market (see 1996), Monsanto’s Roundup Ready Canola is being grown by some 20,000 Canadian farmers, representing nearly half of Canada’s canola market. [Canadian Business, 10/8/1999]

Category Tags: Monsanto, Seed/biotech industry consolidation, Canola

DuPont pays $7.7 billion for Pioneer Hi-Bred International Inc., making DuPont the world’s largest seed supplier. [Wall Street Journal, 12/22/1999]

Entity Tags: Dupont, Pioneer Hi-Bred International Inc.

Category Tags: Seed/biotech industry consolidation

The Foundation on Economic Trends (FOET) files a class-action lawsuit against Monsanto on behalf of a group of Iowa, Indiana, and French farmers. The suit alleges that Monsanto failed to ensure that its genetically modified seeds were safe for consumers and the environment before it brought them to market. It also claims that the company, which has bought out numerous seed companies in recent years (see 1996-1998), seeks to control world production of agriculture and food through the spread of its patented genes. “Through various anti-competitive practices, it seeks to control world production of agriculture and food, with particular concentration on power over seeds,” says Jeremy Rifkin, the foundation’s president. “What this means is that if the companies get their way, no farmer in the world will ever own a seed again. If that doesn’t hold implications for anti-trust law in the world of agriculture, then I don’t know what does.” [Reuters, 12/15/1999]

Entity Tags: Monsanto, Jeremy Rifkin, Foundation on Economic Trends

Category Tags: Monsanto, Sample v. Monsanto, Seed/biotech industry consolidation

Biotech giant Monsanto and drug maker Pharmacia & Upjohn Inc. agree to merge. Together the two companies have a combined market value of about $52 billion. [New York Times, 12/20/1999] Shortly after the merger announcement, Monsanto says it has decided to drop its bid (see May 11, 1998) for Delta & Pine Land, the cotton seed company that shares a patent (see March 3, 1998) with the Department of Agriculture for terminator technology. [Reuters, 12/22/1999]

Entity Tags: Monsanto, Pharmacia & Upjohn Inc, Delta & Pine Land Company

Category Tags: Seed/biotech industry consolidation, Monsanto

Monsanto announces that it will purchase Delta & Pine Land Company, the world’s largest cotton seed company, and the first company to obtain a patent on terminator technology (see March 3, 1998). Monsanto has had its sights on Delta & Pine Land for years. A previous plan to buy the company—announced in 1998 (see May 11, 1998)—fell through in December 1999 (see December 19, 1999). The acquisition means that Monsanto will control over 57 percent of the US cotton seed market. It will also deepen Monsanto’s reach into the developing world, where Delta & Pine Land has subsidiaries in 13 countries—including India, Brazil, Mexico, Turkey, and Pakistan. According to the ETC Group, an outspoken critic of terminator technology, “the takeover means that Monsanto will command a dominant position in one of the world’s most important agricultural trade commodities and that millions of cotton farmers will be under increased pressure to accept genetically modified (GM) cottonseed.” [Monsanto, 8/15/2006; ETC Group, 8/16/2006]

Entity Tags: Monsanto, Delta & Pine Land Company

Category Tags: Seed/biotech industry consolidation, Delta & Pine Land, Monsanto, Cotton

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