legmaker

Five Key Quotes From Monsanto's FQ109 Conference Call

With respect to Monsanto's earnings they are clearly ahead of the pack. I believe one can buy this stock on any dip. I know there are many that dislike this company because of concerns of genetic changes and how it will affect consumers. The same things are said about some biotech companies and their efforts to find a cure for diseases and other problems with society, but if you look at MON from an earnings standpoint, they are well positioned to do well in this environment. Their Roundup Ready seeds are what everyone buys now because the farmer only has to use Roundup when he/she sprays the acreage. Until Syt or DD comes up with something that will directly compete, or there is an antitrust suit to breakup the monopoly, this is the space to be in.

Food: Against Self-Sufficiency

Excellent article. Let us not forget that part of the large increase of the price of agricultural commodities was due to US embracing policy that would benefit corn prices through its use as an energy source. Either way, technology by the way of combines, drought resistent seeds and increased use of fertilizer are the only way to insure the world has enough food. The lower the price of energy the more countries have to spend for the purpose of becoming self sufficient with respect to food. Great job, loved the article.