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re: Can anyone enlighten me about Genetically Modified Organisms (GMOs)
Posted on 5/28/14 at 6:08 pm to Sleeping Tiger
Posted on 5/28/14 at 6:08 pm to Sleeping Tiger
Sleeping Tiger, riddles me this. How the hell are these huge companies making money with a product that cost them a shite load more to produce according to your post?
If everything you listed were true, i'd imagine the GMOS would just be too costly to produce.
If everything you listed were true, i'd imagine the GMOS would just be too costly to produce.
This post was edited on 5/28/14 at 6:09 pm
3
Posted on 5/28/14 at 6:10 pm to Teddy Ruxpin
quote:
How the hell are these huge companies making money with a product that cost them a shite load more to produce according to your post?
Huh?
Posted on 5/28/14 at 9:19 pm to Teddy Ruxpin
quote:
How the hell are these huge companies making money with a product that cost them a shite load more to produce according to your post?
Company. Singular.
Monsanto. And they make their money by patenting their seeds. When nearby farms with non-GMO seeds are cross-pollenated, which inevitably happens, Monsanto moves in with a lawsuit, or the threat of one. This isn't conjecture. They have done this on more than one occasion.
The protest about GMOs is mostly about the lack of things: labeling, research, regulation. The number of people who have swapped positions between Monsanto and the FDA (going both ways, and sometimes the same person more than once) is shady. People just want options, and the powers that be want to control agriculture and food production in a way that removes those options.
Posted on 5/28/14 at 9:23 pm to Teddy Ruxpin
quote:
How the hell are these huge companies making money with a product that cost them a shite load more to produce according to your post?
Upfront R&D is capped and amortized over time which means the true financial cost actually becomes smaller the longer you can produce a specific product.
If you have never farmed, try to imagine the diversity and cost reduction of local seed where a portion is held back to seed the next years crop. Now replace that with a sterile seed - can not reproduce - and create monopoly pricing power from a single seed manufactured by a single company (say Cargill or ADM) who most folks have never heard of.
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