Tue, Oct 21, 2014, 12:05 PM EDT - U.S. Markets close in 3 hrs 55 mins

Recent

% | $
Quotes you view appear here for quick access.

Monsanto Company Message Board

  • nickcainski nickcainski Aug 3, 2013 2:47 PM Flag

    Win Win: Label GMO's

    If you like genetically modified organisms, you"ll find them even faster! If you don"t, you'll know how to avoid them!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • win win, food producers could label as not GMO so consumers concerned about GMO could pay the incremental costs associated with the precieved benefits, and those who weren't concerned could pay the costs for the food attributes they were interested in.

      Paying for what we want if a very fair system....a Honda purchaser shouldn't have to pay for Lexus's precieved benefits....let Lexus cover their costs if they think people will pay for that "quality"

      People say the majority of folks want GMO labeling ? I really doubt it. If so food manufacturers are missing a huge market....friggin huge !!!! But food producers also know all the hurdles and issues, that is why Whole Foods is going to phase it in over several years, and pass on the costs, which I think is fair.

    • just had some "food" with vegetable oil, and some yeast extract in it. should it be labled as GMO, or not ? How would I find out for the yeast extract, and the vegetable oil

      If the yeast is cultured on GMO grains...is it considered GMO ?

      If vegetable oil was in part, or whole, from gmo soybeans....is it GMO ? If the soybean oil was used to create a bio based plastic, should the bio plastic be labeled as GMO ?

      How about GMO corn in E85 blends at the gas station...does that need the label ?

      Beer from GMO grains....labeled, or not ? Vodka ?

      If a food contains only second or third tier (derived from, not the actual GMO plant) is that GMO.

      should the label distinguish between the plant itself, and how far up stream in the supply and value chain the GMO was ?

      Once everything is labeled as gmo....what next ?

    • ~~~Win Win: Label GMO's
      If you like genetically modified organisms, you"ll find them even faster! If you don"t, you'll know how to avoid them!~~~
      Why is the pro-gmo crowd soo against this?
      Why dont they want to find their gmo's?

      • 4 Replies to lostcityundead
      • at the risk of being obvious....the "pro gmo" crowd is against because it validates that there is a health or eco distinction in GMO in the supply chain.

        you didn't know that ? Or are you being disengenious with the question ?

        that bit about liking gmo products is also very disengenious. I don't like GMO, like hybridization, like non hybridization, like natural, like organic...they are all just sources of food, and I don't get wound tight by the topics.

        try being transparent, and geninue...it gets easier, and you get better results with people.

      • Hi Lost, Let me see if I can explain my opposition to mandatory labeling. Firstly, I think the whole issue is a bit of a straw horse, if an individual wants to avoid GMOs, they can simply buy products labeled "Organic" or "GMO free". Secondly, I don't want to pay more for my food because someone else has a supposed desire to avoid some particular type of ingredient. There is no doubt that the costs associated with the implementation of a mandatory labeling requirement would be passed along to the consumer.
        In response to your second question; I have no desire to seek out foods that contain GMO ingredient. Since there is no nutritional or safety difference between GMO and non-GMO containing foods, I don't care if they're there or not, so why would I want to pay more for information that doesn't concern me? Is it fair for me to pay more for my food to appease your desire some piece of information?
        Let me ask you that question in another way; If I decided I didn't want to eat grain grown in South Dakota because I thought it wasn't safe, even though all major regulatory and scientific bodies have deemed it to be safe; would you want to pay more for YOUR food so that I could know what products contained grain from South Dakota? Is that fair? I would like to know your answers to this. Thanks.

      • March on Wall Street -- They have harmed a bunch of people === What happen to the people who protested this a few years ago .. Sick

        Sentiment: Hold

      • lostcityundead if you really want a dialog about this, We can exchange some emails - you can find my email address easily by a google search for 'Genetic Engineering in Agriculture - Rader"

    • I went and got some supply chain management costs using RoHs as a decent model (you can look up what RoHS is, the techinical costs to limit chemicals is not the issue...the knowning your supply chain is the cost part)

      "ECONOMIC COSTS OF RoHS:
      Past costs of complying with RoHS, including R&D and capital costs, averaged 1.9% of annual revenues ("turnover") or €3,185 per employee per year. Costs for small and medium enterprises (SMEs) were considerably higher at 5.2%.
      Future ongoing costs of complying with RoHS are estimated to be 0.4% of annual revenues or €273 per employee per year, with costs to SMEs considerably higher (authors believe estimates are very conservative). The administrative burden consists chiefly of (1) requesting RoHS conformity certificates or material declarations from suppliers and (2) testing components for compliance

      So, just saying, I think it will be very burdensome, and pass on costs to consumers...especially for small business. In fact, I think you might have to exempt niche products.....do you think they have the savvy to even comply ? How would ....saty a small hot sauce company manage the supply chain, certifications, documentation, testing if required. 5-10 % cost increase ? you worried about gmo in hot sauce....really ??

      What are the top three product classes that you would be interested in ?

    • Two plus years ago the SEC passed the law requiring anyone using "conflict minerals" metals to investigate their supply chains so they could know if the metals (primarily all electronics mfgs) were source from the congo. In three plus years some are still struggling with getting suppliers of suppliers of suppliers to validate (prove) were the basic mineral came from. Avg cost is probably 200 K per company, 100 K per year continuing cost (supply chains must be continually watched, people, computer software, I am sure you can envisions the full time process). Similarly under RoHS (electronic products) in the EU, and that directive is over 10 years old (and people still can't continually, (suppliers of supplers or suppliers) keep up with documentaion.

      Now imagine food, all food, all variations, continually, all the time....any wonder why Whole food says it will take them 5 years, and they only have to deal with the organic and "nautral" suppliers ?

      good idea, might be questionalble in practice. While you may think food providers fight it because of adverse public impressions (and that is partly true imo)....they also actually have to manage a supply chain, and the labeling advocates haven't really a clue of what that means. Milliions of dollars per decent sized supplier....per year.

      I haven';t looked, do we have any successful models globally where it is done ? Don't count countries that ban GMO products, talk is cheap and that is a poltical flag they wave....if you think they are looking to the degree labeling would have to look you are kidding yourself.

    • I already know how ot avoid them....avoid processed foods. Same risk from both non gmo, and gmo based processed foods...imo.

      That's how I roll..go more organic, fresh, and less processed.

    • short this stock

 
MON
113.35+0.72(+0.64%)12:05 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.