Although they certainly receive the lion's share of the criticism, Monsanto (MON) is not the only player in the genetically modified seed industry. While Monsanto is the company to beat in the corn segment, newer upstart Ceres, Inc. (CERE) is attempting to carve a niche for themselves with grasses. The company creates seeds for the renewable energy industry, which are used to grow grasses such as sweet sorghum, which is then converted into biomass that is used in the production of ethanol. The company reported on Monday that for the fiscal year ended August 31, 2015, they had a net loss of $28.2 million, or $4.57 per share, compared to a net loss of $29.3 million, or $6.48 per share, for the fiscal year ended August 31, 2014. So they are bringing the losses down, and they also mentioned that U.S. seeds sales of its improved forage sorghum hybrids increased nearly sixfold in fiscal year 2015 over the previous season. They also mentioned that going into 2016 they expect to cut their capital expenditures by half. That's kind of a big deal, and I think this company might make a good addition to the speculative portion of your portfolio. There is plenty of room in this segment, given that the public is slowly coming around to accepting more GMOs. If the company can continue to make sales progress, the could potentially be profitable inside of two years, and could be had pretty cheaply today. The stock closed at just 92 cents/share as of Wednesday. Monsanto closed up 4 cents to $95.60 and I definitely rate Monsanto a buy.