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February 18, 2013
13:20 EDTMONMonsanto and Indiana farmer go before Supreme Court in seed case, NPR says
The Supreme Court is taking up a "classic David-and-Goliath case", says NPR. An Indiana farmer named Vernon Hugh Bowman was taken to court by Monsanto (MON) for patent infringement after trying to find a cheaper source of seed to be used in a late season soybean planting, but Bowman said he's done nothing wrong as his lawyers will use the concept of 'patent exhaustion" in the case to be heard by the Supreme Court this week, NPR reports. Reference Link
News For MON From The Last 14 Days
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February 9, 2016
14:04 EDTMONSEC reaches $80M settlement with Monsanto over accounting violations
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12:04 EDTMONUSDA raises corn supply forecast by 35M bushels
In its monthly World Agricultural Supply and Demand Estimates report, the USDA raised its corn ending stocks estimate for 2015/16 by 35M bushels. The projected range for the corn season-average farm price is narrowed 5 cents on both ends to $3.35 to $3.85 per bushel. Publicly traded companies in the Agriculture and Fertilizer spaces include Agrium (AGU), Andersons (ANDE), Archer Daniels (ADM), Bunge (BG), CF Industries (CF), Compass Minerals (CMP), DuPont (DD), Intrepid Potash (IPI), Monsanto (MON), Mosaic (MOS), Potash (POT) and Syngenta (SYT).
February 3, 2016
08:06 EDTMONMonsanto announces commercial launch plans for Roundup Ready 2 Xtend soybeans
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