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Monsanto share's

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 22188

    Monsanto share's

    Looks like monsanto shares are tanking - reminds of an overzelous Potash Corp. Last years raping and pillaging of north american farmers comes home to roost.
  • agstar77
    Senior Member
    • Jul 2001
    • 6269

    #2
    When I picked up my 560 , it was dated april 2009. No wonder they are in trouble.

    Comment

    • furrowtickler
      Senior Member
      • Dec 2004
      • 22188

      #3
      They have brought this on themselves, again, much like Potash corp. Pin a farmer down and they will fight back. This also explains why Monsanto wanted farmers to pay the TUA on seed booked from Nov. to Feb.

      Comment

      • cottonpicken
        Senior Member
        • Apr 2006
        • 6993

        #4
        Trust me its not a good sign when a directly leveraged
        ag company goes down in value,its a bet against
        higher grain prices.

        Comment

        • furrowtickler
          Senior Member
          • Dec 2004
          • 22188

          #5
          Or did china open the glyphos tap, and companies like FNA help bring chem prices back to earth, offering farmers a choice? I could be wrong.

          Comment

          • DogPatch
            Senior Member
            • Jul 2007
            • 446

            #6
            Some might argue that the quality of the Chinese product might leave something to be question. Somewhere quality might suffer I am afraid.

            Comment

            • furrowtickler
              Senior Member
              • Dec 2004
              • 22188

              #7
              The point is, North American made product has become reasonable. You do not have buy the cheapest stuff on the shelf, it just made overly expensive products more reasonable to buy givin current grain/pulse/oiseed prices and lower projected returns, JMO.

              Comment

              • ColevilleH2S
                Senior Member
                • May 2007
                • 1663

                #8
                Any Chinese stuff I have used kills weeds just like the all the rest of them. That is about all I want it to do, song and dance not needed.

                Comment

                • dave4441
                  Senior Member
                  • May 2003
                  • 1082

                  #9
                  I believe, about a year ago it was estimated that China had the ability to produce about 1/3 of the world's tech needs for glyphosate. Estimate today is they have the ability to produce a 100% of the global needs, following a ramp back up of production since rules surrounding the Olympics were relaxed. I think this was under estimated by Monsanto and forced a virtual collapse of glyphosate pricing. This was one of the reason's glyphosate prices went up a couple years ago as well, as many production facilities in China were forced to shut down for the olypmics due to air quality issues, and China's desire to show a "clean china" to the world. Now dollars are what matters. Amazingly, bottled water costs more then Glyphosate.

                  Comment

                  • ajl
                    Senior Member
                    • May 2008
                    • 3263

                    #10
                    I used knockout this spring and it killed the weeds just fine. Monsanto wastes a lot of money doing useless research like GM wheat. The last thing we need is the technology to produce more wheat. Cut that useless research out and they would do just fine. It is nice to see the humbling of Monsanto. Hopefully others will follow.

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