So having the EPA coming in and allowing our fruits and vegetables to contain even greater amounts of Roundup on them is a big cause for concern. The proposed rules would permit crops such as sesame, flax, and soybean to have twice as much glysophate levels than previously permitted, while sweet potatoes and carrots would see them climb by 15 times and 25 times the previously allowed levels, respectively.
While Monsanto Company (NYSE:MON), of course, says ingesting such amounts of its herbicides is safe, an MIT study published earlier this year found it causes “insidious” damage at the cellular level and leads to increased risk of gastrointestinal disorders, heart disease, autism, cancer, and Alzheimer’s disease.
Having to combat superweeds and superbugs requires a lot of herbicides and pesticides. After passage of the Monsanto Company (NYSE:MON)Protection Act, perhaps this ought to be called the Monsanto Growth Rule. The Roundup segment of the chemical giant’s business generates 30% of its revenues and 26% of its operating profits. When these regulations going into effect, we just might see more profits sprouting from there, like a genetically modified plant amid a Roundup-sprayed field.
The article A New Monsanto Growth Initiative Sprouts Up originally appeared on Fool.com.
Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Scotts Miracle-Gro.
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