The Supreme Court ruling protects a company that controls 90 percent of the expanding soybean production in the U.S. and Latin America; what has followed from Monsanto’s dominance?
The company says using soybean based-oils for the rubber in their tires would be cost-effective for consumers and could reduce Goodyear's oil use by as much as seven million gallons annually.
The cost of soybeans is now hitting levels not seen just before the 2008 food crisis, and when this happens farmers switch to soybeans and away from rice — that crucial staple of diets in so many parts of the world.