| 59 Corn Varieties at Risk as Monsanto Eyes Mexico Lorraine Chow - EcoWatch | |
| go to original January 16, 2016 |
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Mexico's treasured crop under threat (Financial Times)
Mexico’s unique and treasured native corn varieties could be under threat as Monsanto, the world’s largest seed producer, vies to plant genetically modified (GMO) corn in the country.
In August 2015, a Mexican judged overturned a September 2013 ban on GMO corn, thus opening more business opportunities for Monsanto and other agribusinesses pending favorable later court decisions. Monsanto even announced in October 2015 that it was seeking to double its sales in the country over the next five years.
The GMO corn ban remains pending a ruling on the appeal, but a final decision could end up in Mexico’s supreme court.
Monsanto, which is seeking five permits to grow GMO corn in five areas in northern Mexico, touts that the bioengineered crop is a ticket out of poverty for small farmers since the crops purportedly result in higher yields and profits, the Financial Times reported.
“It’s incredible that we are not giving [small farmers] the option to cross the poverty line,” Monsanto’s chief executive for northern Latin America, Manuel Bravo told the publication.
He added that the controversial multinational company has trouble “communicating” its message.
Read the rest at EcoWatch
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