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[piw] Monsanto makes a major advance into the vegetable seed business

From: "Cricket Rakita" <cricket AT savingourseed.org>
To: "'Permaculture Information Web'" <piw AT lists.ibiblio.org>, "'permaculture'" <permaculture AT lists.ibiblio.org>
Cc:
Subject: [piw] Monsanto makes a major advance into the vegetable seed business
Date: Mon, 24 Jan 2005 19:48:21 -0500

Good folks,

ST. LOUIS - Agribusiness Monsanto Co. said Monday it will buy vegetable and
fruit seed company Seminis Inc. for about $1 billion in cash, looking to
capitalize on the trend of healthier diets while further migrating from its
chemical herbicide business.

Monsanto said it will assume an additional $400 million in debt by Seminis,
the Oxnard, Calif.-based supplier of more than 3,500 seed varieties to
commercial fruit and vegetable growers, dealers, distributors and
wholesalers in more than 150 countries.

For more information, see
http://news.yahoo.com/news?tmpl=story&u=/ap/20050124/ap_on_bi_ge/monsanto_se
minis_7 or run a search for Monsanto and Seminis.

In my opinion, this is very ominous. This merger could have a huge impact
in bringing gmo's to the veggie aisles in the supermarkets in the next
years.

Be well,

Cricket Rakita
The Save Our Seed Project Coordinator
Carolina Farm Stewardship Association
49 Circle D Dr.
Colbert, GA 30628
home/work: (706) 788-0017
fax: (706) 788-0071
cell: (706) 614-1451
web: http://www.savingourseed.org
email: cricket AT savingourseed.org

[piw] hello from ANdy Goldring at the Permaculture Association (Britain), piw, 01/20/2005
- <Possible follow-up(s)>
- Re: [piw] hello from ANdy Goldring at the Permaculture Association (Britain), piw, 01/22/2005
  - Re: [pcplantdb] Re: [piw] hello from ANdy Goldring at the Permaculture Association (Britain), Lawrence F. London, Jr., 01/23/2005
  - [pcplantdb] Re: [piw] hello from ANdy Goldring at the Permaculture Association (Britain), Chad Knepp, 01/24/2005
  - Re: [piw] hello from ANdy Goldring at the Permaculture Association (Britain), Martin Naylor, 01/24/2005
    - [piw] Monsanto makes a major advance into the vegetable seed business, Cricket Rakita, 01/24/2005
    - Re: [piw] hello from ANdy Goldring at the Permaculture Association (Britain), Lawrence F. London, Jr., 01/25/2005
- Re: [piw] hello from ANdy Goldring at the Permaculture Association (Britain), Stephanie Gerson, 01/27/2005