Are Farmers Being Manipulated Into Buying GMO Soybean Seeds?
In the past 3 years, Monsanto’s (now Bayer) genetically modified soybean seeds have dominated 60% to 70% of the market. The Xtend soybeans bring in about $1 billion a year for Bayer, which acquired Monsanto in June 2018. But sales of the seeds are being driven by fear, and that fear has birthed an anti-trust lawsuit against the agrochemical giant.