Forbes Magazine Names Monsanto Company of the Year

January 4, 2010


On December 31, 2009, Forbes Magazine named Monsanto its Company of the Year for 2009. The magazine praised Monsanto's economic success and innovative new products.

Robert Langreth and Matthew Herper refered to the company as an economic winner in the Forbes article, "The Planet Versus Monsanto."

"It has created many billions of dollars of value for the world with seeds genetically engineered to ward off insects or make a crop immune to herbicides: Witness the vast numbers of farmers who prefer its seeds to competing products, and the resulting $44 billion market value of the company."

The Company of the Year recognition is a tribute to the company's valued employees and dedicated customers. Monsanto's success would not be possible without the hard-working farmers that continue to choose Monsanto's products over its competitors. "Farmers vote one spring at a time. You get invited back if you do a good job," said Hugh Grant, Monsanto’s president, chairman and CEO, in the Forbes article.

Read the full article: Forbes Magazine - The Planet versus Monsanto

Comment on this Story

We encourage readers to comment and engage in respectful conversation about the content posted here. All comments are moderated and will be posted if and when they are approved. We will review the in-box regularly. View the full comments policy.

 

How much did Monsanto pay off Forbes to be named Company of the Year?

You may want to research Monsanto, and ask 'why' from journalistic point of view is there a rising awareness that GM crops and GM food may not be good for our health.

There are way too many whys unanswered. It all points to MONEY + POWER + GOVERNMENT CONTROL + GREED

CONTROL FOOD = CONTROL THE WORLD

I guess we just have to sit back, and see what happens, and I sincerely hope I'm not saying "I told you so, but no one listened or cared enough to do anything about this."

Heather Stock February 18, 2010
I cannot believe that a company like Monsanto could be named company of the year. In the business sense, absolutely, they have done some pretty remarkable things, but at what cost to our world and the people who live on it. There past actions show that they do not care about any one of them. Until we have the right to independently study gmo seeds will we really know the health effects of them and that will not be aloud to happen until 2014 when the patent expires on the roundup ready seeds. Dispicable!
Lysandra Neal March 02, 2010
what about the food, inc. movie stating that monsanto would not allow farmers to harvest there own seeds but were forced to purchase them from monsanto. any comment?
dorian lavo March 02, 2010