Monsanto Lavishes University With $500K Gift
Monsanto has bottomless funds to throw around and influence USDA approvals and legislation. As if they do not have enough pull, it is now “gifting” at least one university with half a million dollars, but why?
Monsanto appears to be prompting Iowa State University’s agriculture and life sciences branch to create a faculty chair in research for soybean breeding. Monsanto is grooming a future generation of researchers in the soybean niche of agriculture.
ISU receives $500K gift from Monsanto
AMES, Iowa — Iowa State University is establishing a faculty chair in soybean breeding in its agriculture and life sciences college, thanks to a $500,000 gift from Monsanto Co.
The university announced the gift on Thursday from the St. Louis-based company that developed Roundup resistant seeds. Officials say in addition to supporting faculty breeding research, the Monsanto ( MON - news - people ) Chair will also support graduate students pursing degrees in plant breeding.
Monsanto spokesman Sam Eathington says the company is excited to work with ISU to promote breeding research that can help farmers meet growing global demands and support the development of the industry’s future leaders.
Soybean breeding at Iowa State aimed at oil traits has resulted in the release of more than 180 varieties over the years and trained more than 80 graduate students.
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