The information starts with a history of Monsanto company, which was started in 1901 by John Francis Queeny and gave the company his wife’s maiden name. The company was started to manufacture saccharin then moved to vanilla and caffeine. By 1915 the company had made its first million and it kept on growing. Most people associate Monsanto with disease and bug resistant crops and rBGH for increased milk production, but the company is also linked to the production of the U.S. atomic bomb, agent orange, and Roundup weed killer which could be resulting in the decline of honeybees.
Today Monsanto reports a revenue of nearly $16 billion. 93% of the U.S. soybeans and 80% of U. S. corn grown today are patented products of Monsanto. Also, there are a total of 282 million acres of farmland worldwide that are growing Monsanto crops and 404 facilities worldwide. In the United States, 40% of all crop acreage is using Monsanto products.
What price does someone pay to use Monsanto seed? There is a license agreement printed on every bag which some may find to be overstepping boundaries in the fact that it allows Monsanto to sue farmers for not following Monsanto procedures, or investigate the farmer’s fields anytime it chooses. Monsanto also has a hotline set up for neighbors to call if they suspect Monsanto seed is being used without a license.