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Blog Archive (March 2016) (Page3)

Posted By: Food Democracy Now on Mar 10th, 2016
Associated Press NEW YORK - General Mills (GIS) said Friday it will start labeling products across the country that contain genetically modified ingredients to comply with a law that is set to go into effect in Vermont.The maker of Cheerios cereal, Progresso soups and Yoplait yogurt notes it is impractical to label its products for just one state, so the disclosures required by Vermont... more

Posted By: Food Democracy Now on Mar 10th, 2016
By:  Seattle Times editorial boardLegislation pending in Congress could be Monsanto’s free pass to skate by accountability for PCB pollution. Lawmakers must just say no.AS the city of Seattle awaits its opportunity to hold Monsanto accountable in a court of law for its role in PCB pollution of the Duwamish River, there is much more to the story.The New York Times reported recently... more

Posted By: Food Democracy Now on Mar 10th, 2016
By: Lorraine ChowA wrongful death lawsuit has been filed against Monsanto Co. by the widow of a prominent Cambria, California farmer alleging that Monsanto had known for years that exposure to glyphosate—the main ingredient in the agribusiness giant’s flagship weedkiller Roundup—could cause cancer and other serious illnesses or injuries.The lawsuit, which... more

Posted By: Food Democracy Now on Mar 10th, 2016
(Refiles to fix typographical error in headline)NEW DELHI, March 9 (Reuters) - India cut the royalties paid by local firms for Monsanto's genetically modified cotton seeds by nearly 70 percent on Wednesday, ignoring a threat by the world's biggest seed company to leave if it did.The move follows complaints from local seeds companies that Mahyco Monsanto Biotech (India)(MMB), a... more

Posted By: Food Democracy Now on Mar 09th, 2016
By: Amy MayerHundreds of lawsuits against seed company Syngenta could develop into a major class-action potentially involving almost every corn farmer in the country.In 2013, China rejected certain American imports because they contained corn grown from Viptera seeds, a Syngenta product with a new genetically engineered trait. The trait was approved for sale in the United States, but... more

Posted By: Food Democracy Now on Mar 09th, 2016
The break fee Swiss group Syngenta (SYNN.S) would have to pay should it back out of an agreed takeover by ChemChina has been cut to $848 million from the $1.5 billion first envisaged, a prospectus for the $43 billion deal published on Tuesday showed.China made its boldest overseas takeover move yet when state-owned ChemChina agreed last month a cash bid for the Swiss seeds and pesticides group... more

Posted By: Food Democracy Now on Mar 09th, 2016
By: Arthur NelsenA mutiny by several EU states has forced the postponement of a vote in Brussels on relicensing a widely used weedkiller that the World Health Organisation has found is probably carcinogenic.Italy joined France, Sweden and the Netherlands in opposing a new 15-year licence for glyphosate at a meeting which had been expected to rubber stamp its reapproval on Tuesday.... more

Posted By: Food Democracy Now on Mar 09th, 2016
* U.N. and EU bodies disagree on safety* Monsanto rejects U.N. body's finding on cancer risk (Updates with confirmation, comment)By: Barbara LewisBRUSSELS, March 8 The European Union on Tuesday put off a decision on whether to extend approval for weedkiller ingredient glyphosate, used in herbicides including Monsanto's Roundup, after a dispute between EU and U.N. agencies over whether it... more

Posted By: Food Democracy Now on Mar 08th, 2016
By: Manolo Serapio Jr and Enrico Dela CruzThe Philippines has approved a new set of rules on genetically modified organisms after a top court demanded an overhaul of previous regulations, providing relief to farmers and importers worried that any delay would spark a food crisis.The five ministers that needed to sign the rules had done so as of Monday, Merle Palacpac, chief of the plant quarantine... more

Posted By: Food Democracy Now on Mar 08th, 2016
By: Lorraine ChowA number of European Union member countries are rebelling against the European Commission’s plans to approve the relicensing of glyphosate.The Guardian reported that experts from the EU’s 28 member states are scheduled to vote on relicensing glyphosate on Monday and Tuesday in Brussels, however the vote may be postponed due to reservations that several... more

Posted By: Food Democracy Now on Mar 07th, 2016
By: Maddie SorensenGoldman Sachs lowered shares of Monsanto Company (NYSE:MON) from a neutral rating to a sell rating in a research report report published on Friday morning, The Fly reports. Goldman Sachs currently has $84.00 price objective on the stock, down from their prior price objective of $86.00.MON has been the subject of several other reports. Berenberg Bank reduced... more

Posted By: Food Democracy Now on Mar 05th, 2016
By: Arthur NeslenA rebellion by several EU countries could scupper plans by the European commission to approve the relicensing of a weedkiller linked to cancer by the World Health Organisation (WHO).The vote to relicense glyphosate, a key ingredient in herbicides such as Monsanto’s multibillion-dollar brand Roundup, had been scheduled at a two-day meeting of experts from... more

Posted By: Food Democracy Now on Mar 05th, 2016
By: Mayank BhardwajMonsanto Co, the world's biggest seed company, threatened to pull out of India on Friday if the government imposed a big cut in royalties that local firms pay for its genetically modified cotton seeds.Mahyco Monsanto Biotech (India)(MMB), a joint venture with India's Mahyco, licenses a gene that produces its own pesticide to a number of local seed companies in lieu of... more

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