Monsanto Co. will keep a close eye on election results in several states Tuesday as voters decide the fate of genetically modified foods in their states.
Creve Couer-based Monsanto, the world’s largest seed company, has joined several other major companies in the food industry in spending millions of dollars in Oregon and Colorado, where voters will decide if labels should be required on foods that contain genetically modified organisms, or GMOs. Also, in Hawaii’s Maui County — where Monsanto has research facilities — a measure on the ballot would ban the growing of GMOs.
The routine of shelling out money and then keeping close tabs on election results is nothing new for Monsanto. In the last two years, Washington and California have voted down measures that would have instituted GMO labeling policies in the states. The food industry spent more than $45 million fighting the measures.
To date, only Vermont has instituted a labeling law, and that was brought about by the state’s legislature.