Monsanto: Genetically altered wheat may be sabotage
The world's largest seed company says a 'purposeful' act could explain the unapproved genetically engineered crop.
Rogue wheat from genetically engineered seeds may have been introduced to an Oregon field through an act of sabotage, according to seed giant Monsanto (MON).
The genetically modified organism's planting also could have been accidental, Monsanto chief technology officer Robb Fraley said on a conference call, Bloomberg reports.
"It seems likely to be a random, isolated occurrence more consistent with the accidental or purposeful mixing of a small amount of seed during the planting, harvesting or during the fallow cycle in an individual field," Fraley said.
Asked whether it could be sabotage, Fraley said the company is looking into the possibility. Monsanto is "certainly not implicating the farmer at all in this," he added.
The U.S. Department of Agriculture is also investigating how the wheat seed, which isn't approved for commercial planting, ended up in an Oregon field.
The discovery of the GMO wheat sent shock waves throughout the agricultural and food worlds. Not a single country, including the U.S., has approved genetically modified wheat, according to KCET.org.
The fallout has already been swift, with U.S. wheat banned in both Japan and South Korea after the discovery. Wheat prices may drop as additional countries postpone or delay wheat purchases in the wake of the discovery, Bloomberg notes.
Critics of GMOs say the altered crops could introduce new toxins and allergens into the food system and the environment. That has led to a push from some consumers for mandatory labeling of genetically engineered foods, although no current law requires companies to do so.
The wheat found on the Oregon farm was a strain of experimental seed designed to withstand Monsanto's Roundup weed killer. Such genetically engineered seeds are aimed at allowing farmers to douse their fields with herbicide, killing all plants except the Roundup Ready crops.
The unapproved wheat was found on less than 1% of a 125-acre field, Fraley said. Tests of commercial wheat seeds from 30,000 samples in Oregon and Washington showed no signs of genetic engineering, the Portland Business Journal notes.
Follow Aimee Picchi on Twitter at @aimeepicchi.
Of course Monsanto would never admit to something like this even if they knew for a fact that it was an accident. They are a very arrogant bunch that thinks their Sh*t doesn't stink and they don't make mistakes so it must be somebody else that caused this. Even if it is proven that it came from internal sources they will claim it's some contractors fault and fire them as their employees can do no wrong.
We can't even get GMO food labeled in our country, but other countries can refuse to buy these products. Fair? Not at all.
I'm surprised Monsanto hasn't sued the farmer. They have sued others when their seeds have drifted onto farms not using their products. Some farmers have lost their farms.
Also, it is illegal for a farmer to save seeds from a Monsanto seed crop so they don't have to buy seed the following planting. They have to buy new seeds from Monsanto for every planting. If that isn't against what nature intends, I don't know what is.
Result- Monsanto is poisoning us to death with GMO grains/seeds and related herbicides.
IS POPULATION REDUCTION BY KILLING OUR BIRTH RATES TO TODAY'S RECORD LOW BIRTH RATES.
Capitalism is our suicide.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Banking industry representatives say smaller lenders may not be able to handle new rules designed to make mortgages safer for consumers, which could hurt potential homebuyers. Are they right?
- Why GM, Chrysler are riding high
- Survey: Dashboard lights fail to send right message
- Can you opt out of Medicare?
- Student loan debt climbs for 5th year in a row
- Plans revived for 'floating city' of 50,000 people
- Homeowners insurance: Bountiful coverage for bad cooking
- 3 stocks for the 3-D printing revolution
- Why restaurants are adding tablets to the tables
- America's greatest export is its debt
[BRIEFING.COM] The major indices have spent nearly the entire session below the unchanged mark after some better-than-expected headline data for the initial claims and Q3 GDP reports raised another round of tapering concerns. A closer look at the reports suggests to us those concerns are a bit overdone specifically as they relate to the aforementioned reports. In all likelihood, the weakness today probably relates more to the tapering angst that surrounds the November employment report on Friday ... More
More Market News
The brightest minds at top university endowments were unable to match the returns of a rather boring portfolio of stocks and bonds.