The Global Demographic Tailwind

[DewDiligence]

Good post, DoA.

MON must be constantly on the guard against customers harvesting seeds from their crops to circumvent the need for repeated purchases…

I’ve thought alot about this pitfall, and as a result I talked myself out of buying MON years ago at a much lower price :- (

The answer the company’s executives furnish whenever someone asks is that the best defense against IP theft is reasonable pricing and continued innovation. As a matter of policy, MON strives to ensure that at least 50% of the incremental economic benefit of any new product accrues to the farmer. In other words, MON fosters a marketplace in which farmers who continually steal “old” IP will end up hurting themselves as much as hurting MON.

Legal ramifications from a general public fear of unanticipated consequences regarding gene modifications.

I’m not unduly concerned about this. Europe is the last major hotbed for this kind of paranoia; in most of the rest of the world, this battle has been won. Regards, Dew