MON - Monsanto Company

Back during Mother's Day, I was at a family get together thing. Mom asked me what I would put money into that was relatively safe; told her MON. I saw The Corporation as well, Monsanto might not be the most philanthropic organization, but damn do they know how to increase market share.

Just a thought. KFC just annouced they are changing to a soy based oil with lower trans fat that is produced by Monsanto, they have the trial today in new york to make a trans-fat free city. even if this does not pass i think more and more companies will catch on to this trend and use Monsantos soy based oils.

I sold Monsato years ago When they started closing some plants

We think alike sir. I was thinking about MON the moment I read the article this morning.

Think transfat lawsuit = asbestos lawsuits. Sooner or later some smart lawyer will figure it out. I've been in Monsanto since 1999 and made a ton of money. When people get over the genetically modified (GM) crap, then their products will bring in even better revenues. Mexico is freaking out now about GM corn.

I made a few on MON it was just to boring.
Great company on the cutting edge of inovation.
since the last 2 breaks on support when it crawled back at the end of sept. I had enough. I sold.

They say they will have to triple soy production to meet the demands... still a good buy?

Doing well today, might fill back to 47's here in next couple weeks.

i havent heard much mype over MON since the whole trans-fat ban in NY. i think monsanto will be the company the food industry turns to for a healthier alternative as did KFC. this article that just come out reminded me http://biz.yahoo.com/ap/061208/biotech_battle.html?.v=2

this is getting mainstream

Scientists get OK for engineered peanuts By ELLIOTT MINOR, Associated Press Writer
Tue Dec 26, 11:41 AM ET



ALBANY, Ga. - A leading industry group has given scientists the go-ahead to build genetically engineered peanuts that could be safer, more nutritious and easier to grow than their conventional version.

ADVERTISEMENT

The work could lead to peanuts that yield more oil for biofuel production, need less rainfall and grow more efficiently, with built-in herbicide and pest resistance — traits that have already been engineered into major crops such as cotton, corn, soybeans and canola.

For consumers, the work could lead to peanuts with enhanced flavor, more vitamins and nutrients, and possibly even nuts that are less likely to trigger allergic reactions, a life-threatening problem for a small percentage of the population and a major food industry concern.

A few researchers have been genetically modifying peanuts for at least a decade, but their discoveries have had little impact because the industry, fearing a consumer backlash, was reluctant to support the work.

However, with the two leading peanut-producing countries, China and India, working aggressively on transgenic peanuts, the American Peanut Council and its research arm, the Peanut Foundation, this month approved a major policy change. The council represents all segments of the industry — growers, shellers, exporters and manufacturers.

The foundation urged scientists to move ahead with "due diligence" on genetically engineered peanuts.

The work is expected to cost about $9.5 million and will require university, government and industry support.

"It's a significant redirection in their thinking," said Peggy Ozias-Akins, a University of Georgia horticulture professor who has been working with genetically modified peanuts since the late 1990s.

The foundation also called for additional genome studies to learn more about the location and function of the natural peanut genes.

Because peanuts are considered a minor crop, their genetics still have not been studied as extensively as major crops such as soybeans, Ozias-Akins said.

Peanuts are believed to have originated in South America at least 3,500 years ago. Farmers in the Southern U.S. only started cultivating them in the early 1900s when the boll-weevil made it nearly impossible to grow cotton. Now they are grown in 15 states from Virginia to New Mexico. Georgia is traditionally the nation's No. 1 producer.

The U.S. peanut acreage dropped from nearly 1.7 million acres in 2005 to 1.2 million this year, while the acreage for two crops that benefit from genetic modification, cotton and soybeans, increased.

While experts say peanut acreage may drop again next year, scientists believe genetically modified peanuts could help reverse the trend.

A group of 14 university, U.S. Department of Agriculture and food industry scientists, including Ozias-Akins, prepared a report on biotech peanuts and presented it recently to the Peanut Foundation. The scientists concluded the technology could reduce growing costs, improve nutrition and overall quality for consumers and have the potential to reduce the allergy threat in peanuts.

"There is a sense in the industry that genetically modified products are becoming slightly more accepted in most of the world and that by the time we would have the first genetically modified peanut on the market — five years — that trend will have accelerated," said Howard Valentine, the Peanut Foundation's executive director.

A small amount of genetically modified sweet corn, squash and about half of Hawaii's papayas are the only U.S. crops currently grown for human consumption, said Gregory Jaffe, biotechnology director for the Center for Science in the Public Interest, a food and nutrition consumer advocacy group.

"Overall, our view is that genetic engineering is a technique that can be used to overcome grower problems, or to enhance consumer value in products," he said. "We support that as long as those products have been determined safe for human consumption."

breaking out

Looks like a good trade going into tomm agi numbers also reports earnings next week april 4th might be something to consider. chart looks decent as well.

like the company. like the trade

(Also there was a special about bee population going down on CNBC, MON might benefit from this story)


Monsanto Co., a producer of seeds and the Roundup weed killer, reports its fiscal second-quarter results on Wednesday. The following is a summary of key developments and analyst commentary related to the period.

OVERVIEW: Analysts look for continued strength from Monsanto, whose seeds business has benefited from booming demand for corn from ethanol producers.

Because of surging corn prices, the Department of Agriculture expects farmers to plant 90.5 million acres of corn this year, the most since World War II.

Monsanto said in February its national corn seed brands are sold out of the high-margin triple-trait corn product, which offers weed control and two forms of insect protection in one seed.

In March, Monsanto announced a partnership with German chemical company BASF to develop new genetically engineered crops. The two said they could dedicate a joint $1.5 billion to the venture over the life of the collaboration.

BY THE NUMBERS: Wall Street, on average, expects quarterly earnings of 94 cents per share on $2.44 billion in revenue, according to an analyst poll by Thomson Financial.

ANALYST TAKE: Goldman Sachs analyst Robert Koort wrote in a research report that Monsanto could gain 3 share points in U.S. corn in 2007, and he rates the company a "best buy idea."

"In our view, the company is hitting a sweet spot in 2007 on increased acreage, increased market share and, more importantly, on increased biotech penetration," he wrote.

Citigroup analyst P.J. Juvekar upgraded Monsanto to "Buy" in early March, saying it should benefit from an agricultural recovery in Latin America.

STOCK PERFORMANCE: Monsanto shares closed at $52.71 on Feb. 28, up 9.7 percent from its $48.07 Nov. 30 closing price on the New York Stock Exchange. It recently traded around $55.

http://biz.yahoo.com/ap/070402/earns...anto.html?.v=1

MON beat earnings and raises guidance

Easy call, 57.80 (+1.83) new 52 wk high
congrads to anyone who got in with me last week

http://biz.yahoo.com/rb/070404/food_...arns.html?.v=4

startin to move now, 58.20 (+2.24)

Something to start looking at...

New 52wk highs past few days now