Monsanto Keeps Close Eye on California Food Labeling Issue

As Election Day approaches, the biotechnology and food industries are looking anxiously westward to California, where a ballot measure that would require labels on genetically modified foods will go before voters.

The contentious fight over the measure, Proposition 37, has escalated in recent weeks as chemical, biotechnology and food manufacturing businesses have ponied up more than $45 million in an attempt to sway voters.

Leading the pack is Creve Couer-based Monsanto Co., the world’s largest agricultural biotechnology company, which has spent more than $8 million to defeat the labeling initiative, nearly $3 million more than rival DuPont, according to the California secretary of state’s office.

Read more on St. Louis Post-Dispatch.

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