iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Monsanto Has Taken Control of Argentina’s Soybean Crop, Agrees to Terms with Inase

Over in the states, if you’re a farmer who uses genetically modified seeds, which are patented by the Monsanto corporation, you will pay a hefty fine or Monsanto will force the government to shut your fucking farm down, even if that seed errantly swept into your fields by accident. It doesn’t matter. You’re getting kicked out of your farm, left on the streets like a vagabond-hobo hybrid.

The good folks over at Monsanto have exported this wonderful culture to Argentina, a denizen of corrupt and evil farmers–who skirt the law by not paying Monsanto their fair share. Very soon, the ARGENTINE SEED INSTITUTE (INASE) will be regulating the soybean seed supply, via delegating it out to the private markets. Upwards of 6 million sample tests will be needed to find out who is stealing from Monsanto, for this season alone–which is forecasted to be 56 million metric tonnes of soybean possible criminality.

Those who are found guilty of using Monsanto’s seeds without paying a royalty will be ‘contacted’ by INASE. All subsequent appeals shall be met with the Polymerase Chain Reaction test–demonstrating the DNA structure to the farmers and how it belongs, inexorably, to the Monsanto Corporation.

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3 comments

  1. btn

    Given
    1) the importance of soybeans to Argentina’s economy (https://en.wikipedia.org/wiki/Economy_of_Argentina#Foreign_trade),
    2) past inflation concerns in Argentina
    3) South America’s traditional corruption
    4) Monsanto’s lack of morality
    5) South America’s current attitude towards corruption as witnessed in Brazil
    Here’s my interpretation of events:

    Monsanto greased the right palms to get their way.
    The ensuing price hikes and inflation will devastate the Argentina economy
    Farmer will revolt (may just be a kick-the-bums-out political revolt, not necessarily a violent one)
    New government will overturn decision in some way.

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  2. stockslueth

    You didn’t grow that, Monsanto did.

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