GMO Controversy at Monsanto Shareholder Meeting

22 Jan, 2012

Monsanto signOn Tuesday, January 24 at 1:30 PM, Monsanto offi­cers and share­hold­ers will vote on a share­holder pro­posal to cre­ate a study of “mate­r­ial finan­cial risks or oper­a­tional impacts” asso­ci­ated with its chem­i­cal prod­ucts and genet­i­cally mod­i­fied organ­isms (GMOs).

The pro­posal rep­re­sents one of the strongest sig­nals to date that the biotech food con­glom­er­ate is fac­ing grow­ing con­sumer, legal, and reg­u­la­tory uncer­tain­ties. As of today, how­ever Monsanto has told John Harrington that they will not rec­og­nize his proxy who would speak on behalf of the res­o­lu­tion for only three min­utes under nor­mal circumstances.

The meet­ing itself is only open to share­hold­ers but con­cerned cit­i­zens will be demon­strat­ing out­side the north­east entrance to Monsanto’s Lindberg cam­pus begin­ning at 12:00 noon. Monsanto Headquarters is located at 800 North Lindberg Boulevard in St. Louis, MO.

Adam Eidinger, an organic food activist who recently led a walk from NY to Washington DC on behalf of hon­est food label­ing, will present the share­holder res­o­lu­tion on behalf of Napa, California based Harrington Investments (HII) with help from the Pesticide Action Network of North America (PANNA).

Eidinger will be avail­able for inter­view before and after the share­holder meet­ing, which he will drive a “Label GMO” art car to attend. Representatives from HII and PANNA will be also avail­able for inter­view before and after the share­holder meet­ing. Eidinger’s writ­ten tes­ti­mony is avail­able by request.

In its state­ment rec­om­mend­ing share­hold­ers to vote against the HII res­o­lu­tion, Monsanto man­age­ment stated that, “Farmers should have the free­dom to choose which pro­duc­tion method is best suited for their needs, whether organic, non-GM con­ven­tional or biotech­nol­ogy traits. All of these sys­tems can and do work effec­tively side by side…”

John Harrington, CEO of Harrington Investments ques­tions the verac­ity of Monsanto’s state­ment: “While I am heart­ened by Monsanto’s sud­den con­cern for the free­dom of farm­ers, the unfor­tu­nate real­ity fac­ing American farm­ers right now, is that genetic drift from GMO crops is con­t­a­m­i­nat­ing their con­ven­tional and organic crops. This can be dis­as­trous because many GMO crops can­not be sold to impor­tant mar­kets, such as Europe, China and Japan. The poten­tial legal impli­ca­tions for Monsanto are staggering.”

Eidinger, who orga­nized last October’s a 100 per­son, 313 mile “Right2Know March” from New York City to the White House for fed­er­ally man­dated GMO food label­ing says: “With the rise or Round-Up resis­tant ‘super­weeds’ the com­pany is sim­ply telling farm­ers to spray even more toxic her­bi­cides includ­ing 2,4 D, the main ingre­di­ent in Agent Orange. Many peo­ple are strug­gling to avoid GMOs and chem­i­cals used on them in the food they eat due to seri­ous health and envi­ron­men­tal con­cerns yet Americans have no right to know what we are eat­ing largely due to the close ties Monsanto has to President Obama’s USDA and FDA which has ignored more than 500,000 Americans who have signed on to the JustLabelIt.org peti­tion to the FDA.”

Source: © 2012 PR Newswire Release

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  • Kev C

    It seems that Monsanto are tak­ing this chal­lenge seri­ously because they are not only rec­om­mend­ing the share­hold­ers vote against the res­o­lu­tion but they are also engag­ing in watered down green­wash­ing tech­niques with the press et al regard­ing farmer free­dom to choose. We all know the courts await any farmer who has been con­t­a­m­i­nated with GMO’s belong­ing to Monsanto despite the farmer being the vic­tim so it is an empty chal­ice they are offer­ing here.
    Instead I hope the press and media take a hold of this and push it like crazy and the health issues are made more promi­nent. That way Monsanto will have no choice but to bow down and do some­thing about the entire trav­esty they laugh­ingly call the way for­ward. Biotechnology should never have been let out of the her­met­i­cally sealed laboratories.

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  • swv

    Has any congressman/woman ever sug­gested this cor­po­ra­tion be dis­man­tled? What effect would it have on our econ­omy if all such cor­po­ra­tions were to be forced to oper­ate under the pre­cau­tion­ary principle?

    http://www.thepetitionsite.com/2/saving-american-democracy-amendment/

    http://www.thepetitionsite.com/2/we-support-farmers-and-osgata-against-monsanto/

    http://www.thepetitionsite.com/1/STOP-2-4D-CORN/

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  • Rpfroggy

    Monsanto is going to do the GMO study? I will not trust the results.

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  • AGAINSTGMO

    We need a class action law­suit, based on the right to know what we are eat­ing. Everyone should start suing them… All 500,000 peo­ple that signed the peti­tion! Unite and we will win!

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  • http://www.facebook.com/people/Linda-Dabulewicz/100001648592860 Linda Dabulewicz

    Monsanto test­ing usu­ally lasts days and some­times even hours before they come to their con­clu­sions about minute test data.

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  • http://www.facebook.com/people/Linda-Dabulewicz/100001648592860 Linda Dabulewicz

    What and lose their golden goose ? Not likely.

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