Big Win! Monsanto Reports $156 Million Loss in Q4 as Farmers Abandon GM Crops [1]

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Christina Sarich, Natural Society [3]
Waking Times

Are you invested in Monsanto stock like Bill Gates, who owns hundreds of thousand of Monsanto shares [4] worth about $23 million? It might be time to pull out since the company just reported over $156 million in losses [5] for the fourth quarter.

It’s a tough time for biotech, and thank goodness. Monsanto’s losses were attributed to farmers in major agricultural zones favoring soy over GMO corn because of falling crop prices – largely caused by Syngenta’s release of MIR162 corn, which has been completely refused by Chinese officials repeatedly – which have depressed both local and foreign corn bushel prices...