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January 23, 2013
12:41 EDTMONMonsanto announces agreement with Brazilian grower organizations
Monsanto Company and leading grower organizations in Brazil announced that they have reached an agreement that will support the introduction of next-generation products like INTACTA RR2 PRO soybeans. Under the agreement, participating Brazilian farmers will secure a new license that will allow them to purchase soybeans containing the new INTACTA RR2 PRO technology, expected to be available in the 2013-2014 growing season. The agreement also provides clarity on first-generation Roundup Ready soybeans for participating farmers. Those farmers will be released from payment of technology royalty fees for first-generation Roundup Ready soybeans for this and next season, while waiving all potential legal claims for payments previously made for this first-generation technology. Farmers who elect to not participate will continue to pay royalties on that technology through the term of Monsanto's intellectual property rights in Brazil that cover the first-generation Roundup Ready soybeans. Monsanto had previously excluded the contribution related to the company's first-generation Roundup Ready soybean business in Brazil from its EPS and free cash flow guidance, reflecting an estimated historical annual range of 20c to 25c.
News For MON From The Last 14 Days
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September 28, 2014
19:23 EDTMONThis harvest could be trouble for Deere, Potash, Monsanto, Barron's says
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September 26, 2014
06:45 EDTMONMonsanto volatility flat into Q4 and revenue outlook
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September 18, 2014
12:44 EDTMONMonsanto optimistic about Intacta sales in Brazil
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12:33 EDTMONMonsanto reiterates target of doubling EPS between now and 2019
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10:00 EDTMONOn The Fly: Analyst Upgrade Summary
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08:02 EDTMONMonsanto upgraded at Stifel
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06:10 EDTMONMonsanto upgraded to Buy from Hold at Stifel

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