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Monsanto's GM cotton seed was the subject of NGO agitation because of its higher cost. Indian farmers crossed GM varieties with local varieties, using plant breeding, violating their agreements with Monsanto. [149] In 2009, high prices of Bt Cotton were blamed for forcing farmers of Jhabua district into debt when the crops died due to lack of rain.
Monsanto purchases Delta & Pine Land Company, a major cotton seed breeder, for $1.5 billion. [36] As a condition for approval from the Department of Justice , Monsanto was obligated to divest its Stoneville cotton business, which it sold to Bayer, and to divest its NexGen cotton business, which it sold to Americot. [ 37 ]
Bt cotton was first approved for field trials in the United States in 1993, and first approved for commercial use in the United States in 1995. [3] Bt cotton was approved by the Chinese government in 1997. [4] In 2002, a joint venture between Monsanto and Mahyco introduced Bt cotton to India. [5]
Syngenta and DuPont create and are developing products to withstand extreme environments, but Monsanto's investment to provide farmers with tools that may reduce weather-related risks is a direct ...
In November 2009, Monsanto scientists found that the pink bollworm had become resistant to first generation Bt cotton in parts of Gujarat, India—that generation expresses one Bt gene, Cry1Ac. This was the first instance of Bt resistance confirmed by Monsanto. [367] [368] Similar resistance was later identified in Australia, China, Spain and ...
Monsanto admitted a senior manager at Monsanto directed an Indonesian consulting firm to give a $50,000 bribe to a high-level official in Indonesia's environment ministry in 2002 related to the agency's assessment on its genetically modified cotton. Monsanto told the company to disguise an invoice for the bribe as "consulting fees".
In 1996, genetically modified Roundup Ready soybeans resistant to Roundup became commercially available, followed by Roundup Ready corn in 1998. [1] Current Roundup Ready crops include soy, corn (maize), canola, [2] sugar beets, [3] cotton, and alfalfa, [4] with wheat [5] still under development.
Cotton yields have also soared over the past several decades. ... Monsanto itself claims that GMOs benefit farmers through increased yield, greater insect and disease protection, and drought and ...