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Old 06-03-2013, 12:45 AM   #1
tgs

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Default Monsanto shares fall as South Korea joins pause in wheat imports
Investors drove down the price of Monsanto shares by 4 percent on Friday as South Korea joined Japan in suspending imports of U.S. wheat after an unapproved strain of genetically modified wheat was discovered in a field in eastern Oregon.

The strain of wheat, designed to resist harmful effects from Monsanto’s Roundup weedkiller, was never commercially developed by the St. Louis-based agriculture giant in large part because wheat growers did not want to risk retaliation from their biggest export markets.
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Old 06-03-2013, 12:46 AM   #2
softy54534

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You really can't claim that a 4% drop in share value has anything to do with these protests. That's normal market fluctuations.
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Old 06-03-2013, 12:46 AM   #3
tgs

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There are multiple stories on this, and multiple financial recommendations that you "tread carefully" as one article put it. This, is actually likely due to South Korea's suspension.
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Old 06-03-2013, 12:46 AM   #4
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A 4 % drop is not normal.
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