Seoul | Reuters — South Korea has not detected any genetically modified wheat in tests on imports of wheat and flour from Washington state, after the discovery of unapproved GM wheat in the U.S. state prompted Japan and South Korea to suspend certain U.S. imports. South Korea, the fifth largest market for U.S. wheat, had […] Read more
Tag Archives monsanto — page 16
Korea reports no GMO in U.S. wheat imports
Ontario farmers ready for Roundup Ready 2 Xtend soy
CNS Canada — Soybean producers in Ontario are eager to start planting next season with new ammunition against Canada fleabane. Monsanto’s Roundup Ready 2 Xtend soybeans, genetically modified with a tolerance to dicamba and glyphosate herbicides, were recently approved for import by the European Union. Monsanto planned to introduce Xtend soybeans in Canada for the […] Read more
Japan, Korea block certain U.S. wheat varieties
Chicago | Reuters — Japan and South Korea have both taken steps to block certain imports of U.S. wheat after unapproved genetically-modified (GMO) plants from Monsanto seeds were found growing in Washington state, a spokeswoman for the U.S. Department of Agriculture (USDA) said on Monday. Japan’s Ministry of Agriculture, Fisheries and Forestry said it will […] Read more
EU approves Monsanto Roundup Ready 2 Xtend beans
Reuters — The European Commission on Friday approved imports of Monsanto’s Roundup Ready 2 Xtend genetically modified soybeans, opening up an important export market for North American soybeans and easing their global rollout. The decision removes a hurdle for Monsanto in its dealings with farmers and grain traders, who have to keep track of whether […] Read more
Monsanto says no to $64-billion question
Monsanto says Bayer's latest bid financially inadequate, but open to talks
(Reuters) — U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG, but said it was open to further talks with the German healthcare and chemicals group as well as other parties. The widely expected rejection puts pressure on Bayer to sweeten its offer once again, at least enough […] Read more
Bayer sweetens offer for hesitant Monsanto
Reuters — German drug and crop chemical group Bayer on Thursday announced details of a sweetened US$64 billion bid for Monsanto as it tries to put the U.S. seed company under pressure to engage further. The move shows the two companies have made little progress in their negotiations since Monsanto rejected Bayer’s previous offer in […] Read more
Monsanto reported exploring BASF ag unit buy
Reuters — Seed company Monsanto, which rejected Bayer’s buyout offer in May, is exploring various transactions, including the acquisition of BASF’s agriculture-solutions unit, news service Bloomberg reported. In return, BASF would likely receive newly issued shares in Monsanto, Bloomberg said, citing people familiar with the matter. The discussions are at an early stage, and no […] Read more
Monsanto, DuPont sign supply deal for dicamba
Chicago | Reuters –– U.S. seed and agrochemical companies Monsanto and DuPont said on Thursday they have signed a multi-year supply agreement for the weed killer dicamba in the U.S. and Canada. Under the deal, whose terms were not disclosed, Monsanto will supply its farm seeds and chemicals rival with the herbicide, which will be […] Read more
Monsanto, Microsoft to invest in ag technology in Brazil
Sao Paulo | Reuters — U.S. biotech company Monsanto and U.S. software and tech firm Microsoft announced on Monday a partnership to invest in agricultural technology startups in Brazil. Monsanto will join a Brazilian investment fund with up to 300 million reais (C$118 million), managed by Microsoft, evaluating ideas for new digital tools to be […] Read more
Monsanto in talks with Bayer, others about ‘strategic options’
Chicago | Reuters — Monsanto is in talks with Bayer and other companies regarding “alternative strategic options,” a month after it rejected the German company’s US$62 billion takeover offer, the U.S. seed producer said on Wednesday. Monsanto’s options include combinations with other companies and businesses in the sector beyond Bayer. Potential deals could involve BASF […] Read more
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