{"id":112617,"date":"2017-09-11T10:23:20","date_gmt":"2017-09-11T14:23:20","guid":{"rendered":"http:\/\/countingpips.com\/?p=112617"},"modified":"2017-09-11T07:24:11","modified_gmt":"2017-09-11T11:24:11","slug":"monsantos-new-scientific-perversion-terrifies-consumers","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/monsantos-new-scientific-perversion-terrifies-consumers\/","title":{"rendered":"Monsanto\u2019s New Scientific Perversion Terrifies Consumers"},"content":{"rendered":"
September 11, 2017<\/div>
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By WallStreetDaily.com<\/u><\/a> \"Monsanto\u2019s<\/p>\n

\"LouisIt\u2019s been awhile since we unleashed our bloodhounds on the world\u2019s creepiest company.<\/p>\n

The company, of course, is Monsanto (NYSE: MON).<\/p>\n

As everyone knows, Monsanto has a long history of cringeworthy transgressions.<\/p>\n

The company had a big hand in producing Agent Orange \u2014 a defoliant chemical used by the United<\/p>\n

States in the Vietnam War.<\/p>

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Monsanto also sold DDT, PCBs, the controversial dairy cow hormone rBGH and the cancer-linked aspartame sweetener.<\/p>\n

Yet scientific perversions abound\u2026<\/p>\n

Monsanto is in the headlines again because a key ingredient in its Roundup weed-killer glyphosate is now officially \u201cknown to cause cancer.\u201d<\/p>\n

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\u201cThe listing is the latest legal setback for the seeds and chemicals company, which has faced increasing litigation over glyphosate since the World Health Organization\u2019s International Agency for Research on Cancer said that it is \u2018probably carcinogenic\u2019 in a controversial ruling in 2015.\u201d \u2014 reports the Reuters newswire.<\/i><\/p>\n<\/blockquote>\n

Despite the seemingly endless negativity, Monsanto shares have outperformed the S&P 500 by a full percentage point this year.<\/p>\n

Such is an indication that the market expects further growth.<\/p>\n

So what will Monsanto\u2019s latest Frankenstein look like?<\/p>\n

Our bloodhounds picked up the scent\u2026<\/p>\n

Below are two of the most disturbing products from Monsanto yet.<\/p>\n

Monsanto\u2019s Curse on Farmers<\/h2>\n

\"JonathanMonsanto has a wonderful plan for American farmers.<\/p>\n

As you know, weeds are some the biggest threats to crops.<\/p>\n

Monsanto\u2019s genetically modified seeds already produce crops that are resistant to harsh weather and herbicides.<\/p>\n

In fact, 90% of GMO soybean seeds are resistant to at least one form of herbicide, according to the U.S. Department of Agriculture.<\/p>\n

The problem is weeds have become resistant to the least toxic of herbicides.<\/p>\n

Monsanto\u2019s solution? Create a stronger herbicide to attack the weeds.<\/p>\n

The company now offers a new formulation of one of the company\u2019s strongest herbicides available: dicamba-based XtendiMax. This powerful herbicide was approved by the EPA for use in November 2016.<\/p>\n

Of course, this required a new strain of soybean seed that resists the stronger herbicide. So the company engineered Xtend soybean seeds that can tolerate dicamba-based weed killers.<\/p>\n

Great, right? Not so much\u2026<\/p>\n

You see, not all <\/i>seeds are resistant to XtendiMax.<\/p>\n

Less than a year after the XtendiMax launched, farmers began reporting serious damage to their other non\u2013<\/i>Monsanto crops in nearby fields.<\/p>\n

Soon after the reports came in, an Arkansas task force recommended that farmers in the state stop spraying the herbicide next year.<\/p>\n

Lawmakers in the state even enacted a ban on dicamba that goes into effect in 2018.<\/p>\n

For most companies, that would be the end of the discussion.<\/p>\n

But not Monsanto\u2026<\/p>\n

The company has already filed an aggressive petition to change the regulation, blaming the farmers for their \u201cmisuse\u201d of the chemical.<\/p>\n

Yep, you read that right.<\/p>\n

It\u2019s the farmers\u2019 fault that the Monsanto herbicide killed their non-Monsanto-seeded crops \u2014 which were not \u201cdesigned\u201d to be dicamba-resistant.<\/p>\n

To be sure, some of the affected farmers may have been guilty of off-label XtendiMax use.<\/p>\n

But all of them?<\/p>\n

Tough to say, but it\u2019s definitely a creepy situation.<\/p>\n

The New American Diet<\/h2>\n

\"MartinObesity is a growing problem in the U.S. and worldwide.<\/p>\n

And there\u2019s no question that modern agricultural and food packaging techniques are perpetuating the trend.<\/p>\n

Now Monsanto is developing double-fat algae, which have twice the fat of ordinary algae. Why do this? Because they are more useful as potential biofuel.<\/p>\n

Let\u2019s just hope that Monsanto takes the proper precautions to prevent this from getting into the food chain.<\/p>\n

Fingers crossed.<\/p>\n

Of course, Monsanto can\u2019t carry all the blame for being forced to genetically modify our foods.<\/p>\n

If humanity had wanted to go on eating organic foods, it should have stopped breeding at about 1800. That\u2019s when the global population hit 1 billion.<\/p>\n

At 7\u201310 billion people \u2014 the world population in the 21st century \u2014 we need <\/i>GMOs.<\/p>\n

If we get to 15 billion in the 22nd century, we will no doubt be as fat as Monsanto\u2019s algae \u2014 while eating recycled human waste from plastic pouches. Given humanity\u2019s excesses, Monsanto regrettably fulfils a need.<\/p>\n

Resistance Is Futile<\/h2>\n

\"LouisMonsanto and Wall Street are betting there\u2019s nothing to worry about here. And I\u2019ll admit, it\u2019s the odds-on favorite bet, too.<\/p>\n

Consider:<\/p>\n

On one of its websites, Monsanto\u2019s proclaiming, \u201cGlyphosate is about half as toxic as table salt and more than 10 times less toxic than caffeine.\u201d<\/p>\n

Meanwhile, Bayer\u2019s $66 billion acquisition of Monsanto remains on track. Shares have traded sideways most of the year at a consistent discount to the $128 per share offer price, indicating investors fully expect the deal to close.<\/p>\n

I must say the situation is eerily reminiscent of the tobacco industry.<\/p>\n

For years, health risks were debated and discredited and then finally confirmed to be legit. Yet tobacco stocks marched on. They\u2019re consistently yielding market-beating returns, almost as if the health concerns didn\u2019t matter.<\/p>\n

Heck, that\u2019s still the case! Look no further than Philip Morris Intl. (NYSE: PM). Shares are up 30% year to date, versus a 10% rise for the S&P 500 index.<\/p>\n

I don\u2019t expect anything different when it comes to Monsanto. GMOs and Roundup are here to stay. Resistance is futile.<\/p>\n

As Hutch points out, abandoning them would mean compromising crop yields at a time when population trends desperately require increased <\/i>yields. One study suggests yields of grain alone would drop 12% if Roundup use were suddenly discontinued.<\/p>\n

A shift away from glyphosate would also mean farmers would turn (back) to more<\/i> toxic chemicals to control weeds. So it\u2019s a choice between the lesser of two evils.<\/p>\n

In this case, Monsanto and Wall Street stand to win while everyday citizens get to add another risk to daily living. If smoking or smartphones don\u2019t give us cancer, our breakfast cereals might.<\/p>\n

Ahead of the tape,<\/p>\n

Louis Basenese
\nChief Investment Strategist, Wall Street Daily<\/em><\/p>\n

The post Monsanto\u2019s New Scientific Perversion Terrifies Consumers<\/a> appeared first on Wall Street Daily<\/a>.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com It\u2019s been awhile since we unleashed our bloodhounds on the world\u2019s creepiest company. The company, of course, is Monsanto (NYSE: MON). As everyone knows, Monsanto has a long history of cringeworthy transgressions. The company had a big hand in producing Agent Orange \u2014 a defoliant chemical used by the United States in the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-112617","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=112617"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112617\/revisions"}],"predecessor-version":[{"id":112631,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112617\/revisions\/112631"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=112617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=112617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=112617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}