December 31, 2009
“It has created many billions of dollars of value for the world with seeds genetically engineered to ward off insects or make a crop immune to herbicides: Witness the vast numbers of farmers who prefer its seeds to competing products, and the resulting $44 billion market value of the company,” Robert Langreth and Matthew Herper of Forbes write in a profile called “The Planet Versus Monsanto.” “In its fiscal 2009 Monsanto sold $7.3 billion of seeds and seed genes, versus $4 billion for second-place DuPont.”
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