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Anymouse

(120 posts)
5. Being from a farming state . . .
Wed Jun 5, 2013, 08:02 AM
Jun 2013

. . . I would wonder whether Monsanto was ignorant of the fact that wheat pollinates on the wind (thus its open test plots would pollinate across to other fields), or whether it was willfully ignorant?

As for falling international prices, I also suspect that first said Kansas farmer would have to prove a) Monsanto willfully damaged international markets for wheat, as all international trade fluctuates

b) That other nations will not import the excess. Bearing in mind we had a drought in Nebraska and Kansas last year, prices for wheat were inordinately high. With more proper rainfall this year, I would suspect yields to be up, and prices to go down. (You may recall that last year they were suggesting milk might rise to $10/gallon due to the shortage of corn for feed and the Federal mandate that 40% of all corn harvested must go into ethanol production for fuel - even when there is a crop failure. Here in Nebraska there is only one ethanol plant operating at the moment, because there was so little corn harvested.

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