Anyone who has read articles on this site about Monsanto, knows I agree with “the most evil corporation” label they have acquired. You will also know that I constantly express my belief that more people are waking up to Monsanto’s dangerous products, which will lead to their ultimate demise. In fact, in my latest article about the knowledge needed to regain our health as a collective society, I state that Monsanto will have major setbacks in 2016– maybe some too big to recover from.
And the setbacks have already started!
Last week, Monsanto posted their first quarter financial reports showing their net sales dropped from 2.8 billion in 2015 to 2.2 billion in 2016, a nearly 23% decrees. Their seeds and genomics division had some influence on the drop in net sales, posting a 14% decline from 2015. However, the biggest cause of the decline was because of the hit they took in their agricultural productivity division, which took a near 34% hit in sales compared to last year.
Monsanto’s Agricultural Productivity is their chemical division, which mainly consists of their Roundup, the herbicide they genetically engineer their seeds to withstand. The massive 34% decline in sales is not a shock to those that have closely followed the scientific questioning of Glysophate (the main ingredient in Roundup) over the last few years and culminated in the World Health organization putting it on the “probable human carcinogen” list in March of 2015.
Additionally, last October, Monsanto revealed they would have to cut an estimated 2,600 jobs. However, after the release of the financial reports, Monsanto representatives are saying that the number of cuts will rise by another 1,000 jobs. Moreover, they also took a monumental hit regarding GMO labeling when Campbell’s Soup announced that they will become the first major food company to start labeling all ingredients made from GMO crops.
This is only the beginning of the troubles Monsanto will receive in 2016 and I, for one, can not wait to watch them crumble!