Carey's Feed
Oct 8, 2014

Monsanto reports smaller loss, forecasts profit below estimates

By Carey Gillam

(Reuters) – Monsanto Co (MON.N: Quote, Profile, Research, Stock Buzz), the world’s largest seed company, reported a narrower fourth-quarter loss on Wednesday and said it sees continued growth in the new fiscal year on sales of corn and soybean seeds.

Monsanto, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, forecast earnings in a range of $5.75 to $6.00 per share for the 2015 year. Analysts were expecting $6.03.

Oct 8, 2014

Monsanto reports smaller 4th-quarter loss; corn sales up

8 (Reuters) – Monsanto Co, the world’s largest
seed company, reported a narrower loss for the fourth quarter on
Wednesday, and said gains in corn and soybean sales helped it
outperform its own forecast for the year.

“We’re confident in our ability to deliver the targets we’ve
set in both the near term and over the longer term,” said
Monsanto Chief Executive Hugh Grant in a statement.

Oct 7, 2014

U.S. foods labeled ‘natural’ often contain GMOs, group reports

Oct 7 (Reuters) – A majority of U.S. packaged foods labeled
as “natural” and tested by Consumer Reports actually contained a
substantial level of genetically modified ingredients, according
to a report issued Tuesday by the non-profit product testing
group.

Consumers are being misled by the “natural” label, said
Urvashi Rangan, executive director of Consumer Reports Food
Safety and Sustainability.

Oct 6, 2014

Parents of dead Missouri teenager renew call for special prosecutor

By Carey Gillam

(Reuters) – The parents of Michael Brown, the unarmed black teenager shot dead in August by a white police officer in Ferguson, Missouri, on Monday asked Missouri’s governor to reconsider his decision not to appoint a special prosecutor in the case, according to the family’s attorney.

In a letter addressed to Missouri Governor Jay Nixon, lawyers representing Lesley McSpadden and Michael Brown Sr. said there were “compelling and rising concerns of conflict that now exist” between St. Louis County Prosecutor Robert McCulloch and the Ferguson Police Department.

Oct 2, 2014

Japan, South Korea can stop GMO testing -wheat group official

2 (Reuters) – Japan and South Korea are continuing to
test the U.S. wheat they buy to make sure the grain is not
contaminated with an experimental version developed by Monsanto
Co, but could soon stop the practice, the head of a U.S.
wheat association said on Thursday.

The two countries, which are among the top purchasers of
U.S. wheat, have been sampling and testing all the U.S. wheat
they have purchased since last year, when news broke that a
farmer in Oregon had found Monsanto’s unapproved biotech wheat
growing in his field, according to U.S. Wheat Associates, which
markets American wheat to international buyers.

Oct 2, 2014

New claims cite illegal actions by Missouri police in race protest

By Carey Gillam

(Reuters) – Four more people caught up in racial unrest in Ferguson, Missouri, that followed the police killing of a black teenager, have joined a lawsuit alleging illegal assaults and detentions by “rogue” police officers.

The amended complaint, filed Thursday in U.S. District Court for the Eastern District of Missouri, seeks approximately $60 million and claims police used “wanton and excessive force” as they dealt with protests after the Aug. 9 killing of 18-year-old Michael Brown.

Sep 29, 2014

Missouri man alleging sexual abuse by priest seeks $10 million from diocese

By Carey Gillam

INDEPENDENCE Mo. (Reuters) – It has been 30 years, but Kansas City’s Catholic diocese still should pay a heavy price for allowing a now-dead priest to repeatedly sexually abuse a former altar boy, a lawyer for the alleged victim said in court Monday, kicking off a $10 million lawsuit against the diocese.

Jon David Couzens, then age 10, said he was molested 20 times over two years in the early 1980s by Monsignor Thomas O’Brien, who died in 2013. Couzens was deeply involved in Catholic school and church activities.

Sep 26, 2014

Unapproved GMO wheat find should not hurt U.S. exports: trade group

By Carey Gillam

(Reuters) – U.S. wheat exports should not be hurt by the second discovery of experimental Monsanto Co. genetically modified wheat growing in a U.S. state where it was not approved, industry leaders said on Friday, because the wheat is not believed to be in commercial channels.

The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) announced Friday that it was investigating the discovery of wheat plants containing an unapproved genetic alteration in Montana.

Sep 26, 2014

U.S. reveals second instance of unapproved GM wheat

By Carey Gillam

(Reuters) – Monsanto Co’s experimental genetically engineered wheat, never approved for sale, has been found growing in a second U.S. state, and regulators said on Friday they could not explain how the plants escaped field trials that ended almost a decade ago.

Roughly a year after the discovery of the company’s unapproved wheat in a single Oregon field disrupted U.S. wheat export sales, the GMO wheat has also been found in Montana, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said on Friday.

Sep 26, 2014

Police, protesters clash at rally in Ferguson, Missouri: CNN, KMOV

By Carey Gillam

(Reuters) – Several protesters were arrested on Thursday night after police clashed with demonstrators at a rally in Ferguson, Missouri, where black teenager Michael Brown was shot to death by a white police officer last month, CNN and KMOV-TV reported.

A number of protesters were arrested after Ferguson police chief Tom Jackson began marching with a crowd of rally-goers and a scuffle broke out near him, the broadcasters, CNN and St. Louis television station KMOV, said.

    • About Carey

      "Generalist/Commodities, with responsibilities for coverage of agricultural markets, issues and companies, including Monsanto and DuPont; as well as general and political news; and equities coverage of trucking and rail companies. Provide backstop for Treasury as needed."
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