Yes, Monsanto is a leader in the field of improving seeds of food and field crops.
Corn seed in Latin America, and cotton seed in Australia, are leading their seed and genomics division, which should reach the $2 billion in sales next year, as North American sales start to take off.
I recommend purchase of their stock.

There are objections to the fact that their genetic stocks are patented, but this is necessary to prevent uncontrolled use of their products.
Some of their genetically engineered crops produce sterile seed. This prevents crossing with native plants, moreover, as the science develops, superceded varieties are removed from contention with later seed developments.

Similar advances hopefully are expected in the fisheries industry.