Monsanto Takes Home $23m From Small Farmers According To Report

An anonymous reader writes “Seed giant Monsanto has won more than $23 million from hundreds of small farmers accused of replanting the company’s genetically engineered seeds. Now, another case is looming – and it could set a landmark precedent for the future of seed ownership. From the article: ‘According to the report, Monsanto has alleged seed patent infringement in 144 lawsuits against 410 farmers and 56 small farm businesses in at least 27 U.S. states as of January of 2013. Monsanto, DuPont and Syngenta together hold 53 percent of the global commercial seed market, which the report says has led to price increases for seeds — between 1995 and 2011, the average cost of planting one acre of soybeans rose 325 percent and corn seed prices went up 259 percent.'”

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