Monsanto Losing Millions As Farmers In India Rebel & Plant Indigenous Cotton Seed…

Monsanto Losing Millions As Farmers In India Rebel & Plant Indigenous Cotton Seed...

Monsanto is losing millions on failed GM cotton. The company illegally pushed a form of Bt cotton into India and Africa more than a decade ago, but farmers are now pushing back by planting their own indigenous seed.

Monsanto is accused of writing laws and then breaking them to enter the market in India, but after more than 300,000 farmer deaths between 1995 and 2013, many of them attributed to Monsanto, the company is finally paying for their misdeeds. The corporation’s greed is linked to farmer suicides throughout Maharashtra, considered the ‘Cotton Belt’ in India.

The Indian government is now actively promoting the use of indigenous seed, and has called Monsanto out for profiteering illegally on Bt cotton seed.



Monsanto has already lost nearly $75 million in royalties this year (5 billion rupees) due to the change in seed choice by farmers. Sales in India have fallen by 15 percent, and though this is a relatively small market share, it is still making a huge impact on the company’s bottom line.

This could be the end of Monsanto, altogether, in India. Keshav Raj Kranthi, head of India’s Central Institute for Cotton Research said:

“Just wait for the crucial three to four years to see a complete, natural turnaround. By then most farmers will give up Bt cotton and go for the indigenous variety.”

Notably, Burkina Fasso in West Africa also recently rejected Monsanto’s Bt cotton seed after finding the seed produced a poor quality cotton that fetched low prices for the farmers who bothered to grow it…

While Monsanto argues that its genetically modified seed is better, many studies state that their comparisons were not looking at hybridized and indigenous seed (not GM seeds) that give better crop quality and higher yields.

Bt cotton is genetically modified seed which contains Bacillus thuringiensis, a bacterium that produces toxins harmful to a variety of insects, including, supposedly, bollworms that attack cotton; however, like weeds that have become impervious to RoundUp, many organisms become even stronger when introduced to genetic mutations of Mother Nature’s perfection. Monsanto even admits that insect resistance to Bacillus thuringiensis is ‘natural’ and ‘to be expected’.

Indeed, the indigenous varieties of cotton have fared better against the bollworm, whitefly, drought, and other dangers that cotton farmers face.

Monsanto (doing business in India as Mahyco Monsanto Business Limited) has even threatened to pull out of India completely, calling the bluff of a government who threatened to lower their royalties; but the government was undeterred, cut their seed royalties by 74 percent, and capped seed prices.

This will bring much relief to cotton farmers in India, but with 96 percent of India’s cotton crop being developed with Monsanto’s Bt cotton, it could take generations to recapture the indigenous crop completely, while bankrupting the corrupt Monsanto simultaneously. As Sanjeev Kumar Balyan, India’s Junior Agricultural Minister has said of Monsanto, “The greed has to end.” (via UndergroundReporter)

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(57) comments

Its great but millions dont really matter to companies like monsanto. The company has already destroyed much life in India that cannot be reclaimed

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Pocket change for them

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at last ! A country actually standing up to Monsanto.

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BANKRUPT MONSANTO, BAYER AND DUPONT FOR TOO MANY FALSE CLAIMS!!

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This is only the beginning, as people continue to wake up to deceitful corporations this will happen more and more. Vote with $$$ it will work overtime.

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This article is grossly overstated. Vandana Shiva says it is 54,000 suicides, which is horrible enough, but it is nowhere near 300,000. And for a company like Monsanto which is worth 41 billion, losing $15 million is nothing.

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The farmers are to be comended. Let them continue to kick all pesticides and unnatural stuff out

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Yowzaaah!! it shows a beginning awareness for the need to take action. Every big movement starts with small steps and then gathers momentum. My fullest support.

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????????????

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Mickey O’Haher Rushka Johnson #noGMOSouthAfrica

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Good !!,but cotton is off the menue,Market with wool since Dupont and the oil wars…ya kown

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They should be banned from India.

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Beautiful India! This is the way to do it!

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Monsanto knew that it was the custom for farmers to gather seed and replant. They won a lawsuit stopping farmers from doing just that so they’d have to buy the seed every year. The farmers who are already living in poverty, could not afford to do that. Looks like they’re telling Monsanto exactly what they think of their seed and going back to traditional seed.

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Once again Ecosnippet’s messing up another report. It your going to cut and paste from over a year ago at least get it right. Monsanto is with drawing their seed from the market because the Indian government keeps under cutting them. This is causing a 4/5 of a reduction in seed available for the farmers in India. Due to the government’s poor business practices this is also causing other businesses to look closely at India’s poor business practices and it’s Prime minister.

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Um. It doesn’t appear that Indian farmers are really rejecting Bt cotton. India is the 4th largest GMO producing nation on the planet with 11.6 million hectares planted in 2013. That is a lot of crop planted by millions of farmers. I can’t imagine that many of them being duped into growing something bad or something that they do not want… farmers are not stupid. http://indianexpress.com/article/india/india-others/india-worlds-4th-in-gm-crop-acreage-well-ahead-of-china/

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Please move out of Monsanto net it sucks your blood and makes you and your land use less

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Good for the Indians! Keep it up! Control your own food supply!

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Keep up the good work India ??!

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Who runs this page? Its called RESEARCH……try it, especially scientific research, you will be amazed!!!

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Monsanto is really the bad guy!

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They should plant Hempseed, much better and sustainable.

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that is so good to hear…maybe there is still hope…

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Thank you Indian farmers… thank you!! UP YOURS MONSANTO!!

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Yippee! It’s about time to stop Monsanto!

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Total BS. Wish Ecosnippet would actually do some research. Monsanto is the one holding out on India go to a real source like Bloomsburg to get factual economic news. India still used GMO cotton.

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    A “real” source like Bloomberg??? Monsanto is the one “holding out” on India??? Who pays you to write this garbage?

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    Simon Bull he has some facts there . Monsanto hardley losing out at all .

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    Simon Bull do some actual research then get back to us. First of all this article has been repeated at least 10 times this last year alone. There reference to India’s prime minister is incorrect Monsanto is the one who pulled out because India didn’t what to pay them what they wanted now that the prices have gone up to what they want Monsanto is back to selling the bulk of the cotton seeds in India close to 80%. Lowest time two years ago when they didn’t want to sell their newest seed it was 60% of the seed sold in India.

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It only works, if you dont buy or use the enemys weapons they have designed to kill you.

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Another fake story here. Monsanto is refusing to sell their seed in many counties that do not enforce the plant genetics patent. Indian farmers are forced to save seed illegally from previous year’s crops but the genetic quality of the seed fades out and productivity diminishes.

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The Indians are developing their own GM varieties – after Monsanto refused to release its second generation cotton cultivar, because New Delhi demanded that it share the technology. ‘Researchers at NSL, India’s largest seed company, claim to have developed a new trait by combining two existing genes. “We have tested the gene at the laboratory and found it to be successful in resisting bollworm attacks. The breeding of the gene is being conducted at our Hyderabad facility,” NSL Chairman and Managing Director M Prabhakar Rao told BusinessLine. ‘http://www.thehindubusinessline.com/economy/agri-business/nuziveedu-seeds-develops-gene-to-resist-bollworm-in-bt-cotton/article9857952.ece

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Yay! Any action against evil Monsanto is a good one!

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    If you think Mo Santo is bad, you should meet some of the other seed/genetics companies in countries like India and China where there are no government regulators at all. They make Monsanto look like a fuzzy kitten.

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Totally the sheep like Leigh Sunders, Allysen Caris, and Carole Frederick Marcum that believe the stuff that comes from Ecosnippet use your brain. Do your own research. Don’t believe the crap on Facebook.

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gtfo Monsanto

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