Monsanto to sell rBST unit

Posted by Laura Grant on August 11, 2008
Posted in Business, Food

Monsanto has announced that it wants to sell its rBST business. rBST is an artificial hormone used to boost the milk output of cows. Use of the hormones is banned in many countries and in “organic” milk. There has been a growing trend among consumers to reject milk from cows treated with the hormone. In South Africa in recent years “rBST-free” labels have become increasingly common on the packaging of milk sold in supermarkets.

Monsanto officials said last week that the company wanted to focus on its key profit drivers of agricultural seeds and development of specific genetic traits for crops.
Sources: Daily Green, Reuters, New York Times

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