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The numbers you posted suggest that they make a maximum of $5 billion off of glyphosate ("Agricultural productivity"). It doesn't show how much of that is actua
by Kalium 10y ago
The numbers you posted suggest that they make a maximum of $5 billion off of glyphosate ("Agricultural productivity"). It doesn't show how much of that is actually glyphosate. You're free to assume it's 100%, but it may not be maximally wise to expect everyone else to make the same leap of logic.
I expect their ownership of the Climate Corporation, which is about climate and weather data, falls under "Agricultural productivity".
- colordrops 10y agoYou ignored the second half of my comments, which is that the other $10 billion of their profits are directly dependent on the commercial viability of glyphosate, no matter who sells it.
- Kalium 10y agoYou're right! I did fail to expressly address the second half of your comment. Please accept my apologies for this egregious oversight. The other half of your comment suffers from the same flaw. The source you provide has high-level numbers, but it doesn't show how much of that is actually glyphosate-related. You're free to assume it's 100%, but it may not be maximally wise to expect everyone else to make the same leap of logic. It is known for certain that the number is not 100%, because Monsanto is known to have revenue-generating businesses outside of glyphosate.
- tptacek 10y agoNone of that 10b includes glyphosate sales.
- colordrops 10y agoThe 10b are crops that are genetically altered to resist glyphosate. If glyphosate was banned, then they couldn't sell these crops anymore. Their profits are directly related to glyphosate.
- nxc182 10y agoGlyphosate resistance is just one of many traits marketed by Monsanto. Most of the headliners are insect resistance (Bt toxin) and resistance to other herbicides (Liberty) among others. They're moving their business to focus on value-adds and other things that GMO haters can't torpedo with pseudoscience and FUD. Refuge in Bag solutions, seed coatings, new fungicides, traditional breeding, soil bacteria supplements, mapping & climate data, and other agricultural productivity solutions are the future of their business. Even if you accept that they make all of their money from glyphosate resistance (which is patently false), the business is moving to emphasis that substantially less than it is now.
- colordrops 10y agoI'm not going to go down this rabbit hole that always seems to appear whenever Monsanto is discussed. You can see in Monsanto's own website and literature, (for example [1]), that the majority of their revenue comes from glyphosate and glyphosate related products. If you wish to gaslight and deny reality, then we can end this discussion now. details strong revenue of their glyphosate-resistent soybean: [1] http://www.monsanto.com/investors/pages/letter-to-shareowners.aspx http://www.monsanto.com/investors/pages/letter-to-shareowner...
- Kalium 10y agoI'm sorry. I was unaware that it was gaslighting someone to suggest that perhaps numbers in supporting documentation should be involved when they make strong claims about verifiable financial questions. I'll stop immediately. Please accept my deepest and humblest apologies.
- colordrops 10y agoYou can be sarcastic and rude, but you shouldn't be lazy. We aren't talking about something abstract like whether alien life exists. You can visit the website of the company's brands directly. If you still decide to sarcastically ignore this, I will assume you have an agenda. http://www.monsanto.com/investors/documents/pubs/2007/ar_2007_glance.pdf http://www.monsanto.com/investors/documents/pubs/2007/ar_200... Top products in the 10 billion revenue segment: See references that each of these is glyphosate resistent DEKALB [1] [2] Asgrow [3] [4] Deltapine [5] Seminis [6] [1] https://www.aganytime.com/dekalb/specialty/Pages/Spring-Canola.aspx https://www.aganytime.com/dekalb/specialty/Pages/Spring-Cano... [2] https://www.aganytime.com/dekalb/Pages/default.aspx https://www.aganytime.com/dekalb/Pages/default.aspx [3] https://www.aganytime.com/asgrow/Pages/default.aspx https://www.aganytime.com/asgrow/Pages/default.aspx [4] https://www.aganytime.com/asgrow/weed-mgt/Pages/Roundup-Ready-Xtend-System.aspx https://www.aganytime.com/asgrow/weed-mgt/Pages/Roundup-Read... [5] http://www.monsanto.com/products/pages/deltapine.aspx http://www.monsanto.com/products/pages/deltapine.aspx [6] https://www.seminis.com/global/us/products/Pages/Performance-Series-Sweet-Corn-Seed-Varieties.aspx https://www.seminis.com/global/us/products/Pages/Performance...