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monsanto cancels building new industrial plant

Posted: December 30 2015


Reuters/Tom Gannam/Files

The Gazette, and Iowa City newspaper, recently published a story mentioning the "struggling farm economy" being the cause of the cancellation of a $90,000,000 Monsanto seed corn plant. The story can be found here, but one must ask the question: Is consumer awareness prohibiting the expansion of these GMO giants? Keep putting your money where your ethics are, dear shoppers.
As a supplement, take a look at the USDA's Economic Research Service and you'll see that the value of net production per acre for organic is nearly three times that of conventional.
Organic: $366.27 (Yield: 121 bushels per acre)
Conventional: $139.05 (Yield: 159 bushels per acre)