Answered By: Peter Z McKay
Last Updated: Oct 29, 2014     Views: 42

Example (from Hoover's)

An ear of corn the size of a Trident missile? Not quite, but Monsanto is all about bioengineered crops. The company helps farmers grow more crops by applying biotechnology and genomics to seeds and herbicides. It produces genetically altered seeds that tolerate Roundup (its flagship product and the world's #1 herbicide) and resist bugs. Monsanto estimates that more than 70% of the world's herbicide-resistant crops bear its stamp. The company also produces Asgrow, DEKALB, Deltapine, and Seminis seeds. During the past decade, Monsanto re-made itself into a seed and biotech company, as opposed to one focused on agrochemicals, a transition that was sped up with the 2007 acquisition of Delta and Pine Land.

 

2009 Sales
$ mil. % of total
US 6,434 55
Europe & Africa 1,763 15
Brazil 1,419 12
Argentina 597 5
Asia/Pacific 568 5
Canada 457 4
Mexico 332 3
Other 154 1
Total 11,724 100
2009 Sales
$ mil. % of total
Seeds & genomics
Corn seed & traits 4,113 35
Soybean seed & traits 1,448 12
Vegetable seeds 808 7
Cotton seeds & traits 466 4
Other crop seeds & traits 462 4
Agricultural productivity
Roundup & other glyphosate-based herbicides 3,527 30
All other agricultural products 900 8
Total 11,724 100

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