Monsanto, DuPont Dispute Roundup Ready Use
According to a Monsanto Securities and Exchange Commission filing, Monsanto and DuPont subsidiary Pioneer Hi-Bred are in dispute resolution proceedings over DuPont's intention to use Roundup Ready technology in soybeans.
According to a Monsanto Co. Securities and Exchange Commission filing, Monsanto and DuPont subsidiary Pioneer Hi-Bred are in dispute resolution proceedings over DuPont's intention to use Roundup Ready technology in soybeans.
DuPont's 2008-2015 license agreement to use Monsanto's first-generation Roundup Ready technology requires it to pay $725 million for use of Roundup Ready in corn. DuPont plans to stack Optimum GAT -- its own glyphosate and acetolactate synthase-tolerant trait -- with a Roundup Ready trait in soybeans. Previously, DuPont had announced that it would discontinue the use of soybean varieties containing Roundup Ready.
