Monsanto’s Roundup Sales Plummeting, Driving Overall 12% Sales Decrease in Just 3 Months

ecoliberty

Source:Natural Society
Date: 12 October 2015
Author: Christina Sarich

While GM corn seed sales fall as well

Is this the beginning of the end for Monsanto? After reporting that the company is letting go of thousands of their workforce, the company is projecting not only weak sales of their GM corn, but also of one of their biggest, and now most controversial sellers – Roundup.

According to Reuters:

“Sales of corn seeds and traits, Monsanto’s key products, fell 5 percent to $598 million in the quarter. And sales at the company’s agricultural productivity unit, which includes Roundup herbicide, dropped 12 percent to $1.1 billion.”

Monsanto relies on its chemical herbicide sales for its shareholders, but since the World Health Organization’s IARC, and the state of California have announced that glyphosate, the main ingredient in Roundup, is probably carcinogenic, bans are cropping up all over the world

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