2012-03-30
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French maize growers and seed companies appealed a ban on the cultivation of a strain of genetically modified maize to the country's highest court on Thursday, saying it was unjustified and economically harmful for farmers. [...] "This restriction does not rely on any serious scientific element, and maize producers, hit by (insects), sustain real financial damage," French growers group AGPM, French seed firms group UFS and the maize and sorghum producers federation FNPSMS said in a joint statement.
2012-03-19
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French Agricultural Minister Bruno Le Maire imposed Friday a temporary ban on a genetically modified strain of maize made by US company Monsanto "to protect the environment". The French agriculture ministry said in a statement that the Monsanto maize strain MON 810 had been banned as a "precautionary measure". France's top administrative court in November overturned a government order banning French farmers from planting genetically modified crops from Monsanto. However, President Nicolas Sarkozy swiftly pledged to seek new legal measures after the French ruling as well as a similar decision by the European Court of Justice.
2012-03-15
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France is currently leading attempts in Europe to scale-back agricultural chemical use, attempting to halve the amount of chemical inputs used in the country by 2018. However, French farmers have reacted strongly to the targets, which they claim will affect their production. [...] To support the targets, scientists at two of INRA’s research units have demonstrated, using modelling techniques, that the country can achieve a 30 per cent reduction in pesticide use on arable crops without impacting on either yields or farm income.
2012-03-07
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French seed group Vilmorin is testing genetically modified maize in Europe, despite widespread hostility in the region to GM crops, as it expects the benefits of such varieties eventually to lead to their acceptance, the company said. Vilmorin has folded its GM maize research into a joint venture with German peer KWS SAAT, and the partners could market their own GM varieties as soon as 2014, Chief Executive Emmanuel Rougier said on Thursday.
2012-03-07
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France will reinstate a ban on the cultivation of Monsanto’s MON810 maize in the next few days, in time to prevent the genetically modified grain being sown this year, an official at the farm ministry said on Tuesday. Paris banned MON810 maize in 2008, citing environmental risks. The decision was overturned by the country’s highest court in November on the basis that it was not sufficiently justified, leading the government to say it would look at all ways to maintain the freeze.
2012-02-21
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France's ecology ministry said Monday it had asked European regulators to suspend authorisation for the use of genetically modified MON 810 maize crops from US company Monsanto based on new studies. The request is "based on the latest scientific studies" which show that the use of the GM crops "pose significant risks for the environment," the ministry said in a statement. The ministry pointed to a recent study by the European Food Safety Authority that raised concerns with another form of GM crop, BT11, that it said could also be applied to MON 810.
2012-02-14
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A French court on Monday found US agro giant Monsanto legally responsible for the poisoning of a farmer with one of its herbicides in 2004, in a verdict that could have global implications. “Monsanto is responsible for Paul Francois’s suffering after he inhaled the Lasso product ... and must entirely compensate him,” said the judgement from the court in the southeastern city of Lyon. [...] Monsanto was accused of keeping Lasso on the French market until 2007 despite bans of the product in Canada, Britain and Belgium.
2012-02-04
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French food companies can label products as ”GMO Free” to indicate they contain no or trace amounts of genetically modified crops, the government said. Rules will take effect July 1 for producers that want to label foods as biotechnology-free after ministers signed a decree yesterday, according to a joint e-mailed statement from four ministries today. Existing regulations require labels to indicate the presence of genetically modified organisms, according to the statement.
2012-01-26
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U.S. biotech firm Monsanto said on Tuesday it does not plan to sell its genetically modified maize MON810 in France this year, nor after, even though the country’s highest court overturned a 3-year ban in November. “Monsanto considers that favorable conditions for the sale of the MON810 in France in 2012 and beyond are not in place,” the company said in a statement, adding that it had told the French authorities about its intentions.
2012-01-19
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Investors looking for growth in the safety of blue-chips tend to love tech stocks, where a single invention like the iPhone or an Xbox can crank up the share price of even a gigantic company. But those who believe in the power of patents might also check out Monsanto, a farming stock that performs very much like a good big-tech holding. Certainly, shares hold their own in performance comparisons. Monsanto’s market cap, now above $42 billion, beat most of the big-tech stocks on five-year returns.
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