Community | May 31, 2009 | 7 comments

Monsanto shares slide after news of Round Up slump

source: http://www.bizjournals.com/stlouis/stories/2009/05/25/daily32.html?ana=from_rss

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JanforGore
Shares of Monsanto Co. continued to slide early Thursday, then perked up a bit, after the company reported Wednesday that its fiscal 2009 earnings would be at the lower end of guidance because price cuts by Chinese competitors and cooler, wetter weather in the U.S. have led to lower sales of its Roundup glyphosate herbicide.

Monsanto shares were trading below $79 a share earlier Thursday morning, but later inched closer to Wednesday’s market close of $79.88 a share. Monsanto closed Tuesday at $84.78 a share.

“We believe that Monsanto shares will probably tread water,” Jeffrey Zekauskas, a J.P. Morgan analyst, wrote in a note to investors Thursday morning.
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LOL, oh yes, colder wetter weather is stopping use of Round Up as well as "competitors"... I think it is also more likely that more people are finally becoming wise to the POISON they are selling. Something to celebrate. Hopefully it will keep treading water and then drown. ANY company selling this poison needs to be held accountable for it. Profit sheets are a good way to do it. Keep it going.
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    Community,   Green,   Earth and Science,   Sustainable Agriculture
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7 comments // Monsanto shares slide after news of Round Up slump

  • ALLNATURALVEGANS
  • Vierotchka
  • Submersible
  • JanforGore
    • 0
      JanforGore  

    • uroborus8:
      I relish that thought with great anticipation.The day they fall would surely be a day of great celebration for many in this world who have been victims of this evil entity. Hopefully we would then not have another to take their place to continue this. It must be broken entirely... the chain of abuse, destruction, and toxification of this planet that has led to the same for humanity.

    • 2 years ago
  • artemis6
  • uroborus8
    • 0
      uroborus8  

    • Jan, thank you for your continued spotlight on Monsanto. While they continue to destroy our ecosystem and food supply with their poison, it will only be a matter of time before we are rid of them entirely. Keep it up!

    • 2 years ago
  • JanforGore
    • 0
      JanforGore  

    • Seems they've been lying about this for years.
      ________
      'Biotech supporters have said that roundup is more environmentally friendly and less toxic. Dr. Joe Cummins located these two articles to show that this claim is not correct.

      Title: Acute poisoning with a glyphosate-surfactant herbicide ('Roundup'): a review of 93 cases.

      Authors: Talbot AR; Shiaw MH; Huang JS; Yang SF; Goo TS; Wang SH; Chen CL; Sanford TR
      Address: Department of Critical Care Medicine, Changhua Christian Hospital, Taiwan, Republic of China.

      Source Hum Exp Toxicol

      Abstract:

      Between 1 January 1980, and 30 September 1989, 93 cases of exposure to herbicides containing glyphosphate and surfactant ('Roundup') were treated at Changhua Christian Hospital. The average amount of the 41% solution of glyphosate herbicide ingested by non-survivors was 184 +/- 70 ml (range 85-200 ml), but much larger amounts (500 ml) were reported to have been ingested by some patients and only resulted in mild to moderate symptomatology. Accidental exposure was asymptomatic after dermal contact with spray (six cases), while mild oral discomfort occurred after accidental ingestion (13 cases). Intentional ingestion (80 cases) resulted in erosion of the gastrointestinal tract (66%), seen as sore throat (43%), dysphagia (31%), and gastrointestinal haemorrhage (8%). Other organs were affected less often (non-specific leucocytosis 65%, lung 23%, liver 19%, cardiovascular 18%, kidney 14%, and CNS 12%). There were seven deaths, all of which occurred within hours of ingestion, two before the patient arrived at the hospital. Deaths following ingestion of 'Roundup' alone were due to a syndrome that involved hypotension, unresponsive to intravenous fluids or vasopressor drugs, and sometimes pulmonary oedema, in the presence of normal central venous pressure.'

      end of excerpt.
      ____
      But of course, in every case they will blame the person saying it was due to improper use. Great racket these companies have going isn't it?

    • 2 years ago
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