I thought this was an interesting bit of insight into the GMO controversy. Apparently not all shareholders at Monsanto are happy with the way things are going.
Monsanto shareholders tomorrow will vote on a resolution requesting a study to outline “material, financial and operational risks” that genetically modified (GMO) crop products place on the company.
The resolution, filed by John Harrington of Harrington Investments Inc., will be presented by Margot McMillen, a member of the executive council of the National Family Farm Coalition, at Monsanto's annual general meeting.
Proponents want the report to focus on risks from “GMO issues,” including genetic drift and buffer zone control, “damage to farmers' reputations, livelihood, and standing in the community,” as well as costs associated with mitigating damage to organic operations and market rejections.
Monsanto shareholder group seeks study on GMO issues
Unfortunately, it didn't go over so well when it came up for a vote, but at least the vote wasn't unanimous:
Monsanto Shareholders Just Say No to GMO LabelsAs more than 20 states consider mandatory labeling of genetically modified food, shareholders at Monsanto’s (MON) annual meeting on Tuesday voted against proposals to label and assess the costs of GMOs. Monsanto’s board opposed both measures, which came from two separate shareholders with fewer than 100 shares each.
For what it’s worth to GMO critics, the decisions weren’t unanimous even among stakeholders in a major GMO company. One resolution, which sought a report on the cost of GMO contamination affecting non-GMO and organic crops, received 6.51 percent of shareholder votes, while another asking the company to work with regulators on GMO labeling guidelines received 4.16 percent of the vote, according to a Reuters report.
Tex
