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Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.
In 1999, for his main soybean crop, Vernon Hugh Bowman bought Monsanto's GM seeds, which can cost up to twice as much per acre as traditional seed. ("The difference in price is thought to reflect ...
As of 2005, 87% of U.S. soybean fields were planted with glyphosate resistant varieties. [ 7 ] [ 8 ] While the use of Roundup Ready crops has increased the usage of herbicides measured in pounds applied per acre, [ 9 ] it has also changed the herbicide use profile away from atrazine , metribuzin , and alachlor [ citation needed ] which are more ...
Organic soybean meal prices continue to edge higher and are currently quoted at 630 per metric ton FOB India. There are concerns amongst merchandisers that are helping to keep prices buoyed.
J. E. M. Ag Supply, Inc. v. Pioneer Hi-Bred International, Inc., 534 U.S. 124 (2001), [1] was a decision of the United States Supreme Court holding for the first time that utility patents may be issued for crops and other flowering (sexually reproducing) plants under 35 U.S.C. § 101. [2]
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