Wall Street & BST
Brian DeVore, LSP (devo0009@gold.tc.umn.edu)
Sat, 16 Nov 96 14:46:02 -0600
According to the Aug. 16 edition of the Wall Street Journal, Posilac is being
used on 10 percent of the 9.4 million dairy cows in the country (USDA estimate).
When Monsanto started selling Posilac, some securities analysts predicted that
eventually up to 70 percent of U.S. milk would come from cows injected with BGH,
according to the Journal. However, USDA officials say the number of cows being
treated with Posilac appears to have dropped in the last year. Farmers complain
that it adds to their feed costs (especially with $4 corn) and interferes with
traditional breeding routines.