Inquiry Targets Monsanto

The Justice Department is seeking information from seed giant Monsanto Co. regarding the company’s dominance in the market for genetically modified seed, a company spokesman told the St. Louis Post-Dispatch on Oct. 9.

According to the Post-Dispatch, Monsanto spokesman Lee Quarles declined to discuss specifics of the inquiry, including what information is being sought. Monsanto is complying with the request for information, which was received about two months ago, he said.

“We’re cooperating and openly providing documents to respond to all of these questions,” Quarles said.

Monsanto categorized the request from Justice Department as an informal inquiry, not a formal demand for information.

Justice Department spokeswoman Gina Talamona wouldn’t confirm the inquiry and declined further comment.

The timing of the Justice Department’s questions coincides with plans announced Aug. 5 by U.S. Attorney General Eric Holder and Agriculture Secretary Tom Vilsack for a nationwide series of workshops to be held next year to hear farmers concerns about competition issues affecting the agriculture industry, according to the Post-Dispatch.

The Post-Dispatch noted that two days after that announcement, Philip Weiser, a deputy assistant attorney general, said during a speech in St. Louis that the Justice Department was committed to examining competition in agriculture, including the sale of genetically modified seed.

“Farmers today increasingly turn to patented biotechnology that is used to produce seeds resistant to herbicides and insects,” he said in the speech. “At the same time, this technological revolution and accompanying market developments have facilitated the emergence of large firms that produce these products, along with challenges for new firms to enter this market.

This isn’t the first time antitrust investigators have sought information from Monsanto. In 2007, the Justice Department required Monsanto and Delta & Pine Land Co. to divest a seed company, cottonseed lines and other assets before allowing them to merge.

Monsanto was also required to amend terms of its trait license agreements with other cottonseed companies to allow them to stack, or combine, non-Monsanto traits with Monsanto traits.

The company is in the midst of a legal battle with its chief rival,DuPont, the parent of Iowa-based Pioneer Hi-Bred International Inc., which has claimed Monsanto is engaging in anti-competitive behavior by not allowing it to stack its own herbicide tolerance trait with Monsanto’s Roundup Ready trait.

Monsanto, which initiated the lawsuit, claims DuPont’s efforts to stack the traits constitute patent infringement.

Meanwhile, Iowa Attorney General Tom Miller has begun an inquiry into possible antitrust violations by Monsanto. Monsanto said it will respond to the civil investigative demand by providing information on its seed, trait and chemistry licensing and marketing programs to Miller’s office.

Miller’s office said in a written statement on Oct. 8 that it is seeking information on the business practices of Monsanto.

Quarles said it’s not uncommon for regulators to initiate an inquiry whenever a rival alleges anti-competitive behavior.

“Any time a company would make an antitrust allegation against one of its competitors, I think the agency would find it prudent to explore and ask questions,” Quarles said.

(Source: St. Louis Post-Dispatch)

Topics:

Leave a Reply

Seed/Biotech Stories

Seed/BiotechWater Optimized Seed Flowing Freely
April 1, 2014
As the demand for ag to diminish its water use while maintaining high yields and crop quality increases, three companies are leading the movement to grow more with less water. Read More
Seed/BiotechBayer Applies For Seed Treatment That Protects Against Sudden Death Syndrome
February 26, 2014
If approved, ILeVO seed treatment would be the first product to provide breakthrough protection for soybean seedlings from the soil borne pathogen Fusarium virguliforme, the fungus that causes SDS. Read More
Seed/BiotechSeed Still Central
November 1, 2013
Advancing genetics continue to make seed the crop variable that calls the shots for the season. Read More
Seed/BiotechBayer CropScience, Northstar Agri Industries Launch New Canola Hybrid
October 16, 2013
Northstar Agri Industries and Bayer CropScience have announced the addition of the InVigor L252 hybrid to the Northstar Star Growers High Oil Contract. Read More

Trending Articles

Green Valley Ag facility
Retail FacilitiesGreen Valley Ag Adopts A.J. Sackett’s Precision Fertilizer Blending® Technology At New Facility
July 8, 2014
Sackett's Precision Fertilizer Blending® Technology is making huge strides around the world. Green Valley Ag adopts the technology at its new facility to support its advancing agronomic needs. Read More
Retail FacilitiesWaconia Manufacturing Builds Facility Designed For Speed, Efficiency
July 7, 2014
To make its new hub facility more efficient, Cooperative Elevator enlisted the aid of Waconia Manufacturing. Read More
EquipmentSummer Show Preview 2014: Superior Sprayers Take The Field
July 3, 2014
In this final installment of our coverage of the major categories of Big IRON that retailers can expect to test-drive at this summer’s events, here is a look at 19 sprayers. Read More
Scouting a soybean patch at Green Valley Ag.
EmployeesCropLife Compensation Survey: Battling Talent Drain
July 2, 2014
Retailers too often lose employees to companies outside of agriculture, while recruiting efforts are most often limited to competitors and other ag-focused organizations. Read More
HerbicidesDow AgroSciences Introduces SureStart II Herbicide
June 16, 2014
The enhanced formulation has improved viscosity and increased stability under heat and controls more than 60 high-anxiety grasses and broadleaf weeds found in corn fields. Read More
HerbicidesBASF Investing $270 Million To Expand U.S. Herbicide Production
June 11, 2014
BASF has invested more than $270 million to expand herbicide production capacities in the U.S., including more than 20 new products to be launched over next two years. Read More

Latest News

HerbicidesWillowood To Market Glufosinate
July 28, 2014
Willowood USA recently announced that Federal EPA has approved its technical registration for glufosinate. Read More
InsecticidesHow To Scout For Corn Earworms In Corn
July 28, 2014
In her weekly report, University of Missouri Agronomy Specialist Jill Scheidt discusses what to look for when scouting for corn earworm. Read More
Crop InputsDuPont Pioneer, Weyerhaeuser Enter Technology License A…
July 28, 2014
The agreement brings together agricultural and forestry know-how to sustainably improve crop productivity for corn growers around the world. Read More
EquipmentAGCO Launches Global iPad App
July 28, 2014
The free AGCO Global iPad App can be downloaded from the Apple iTunes Store and features the full family of RoGator self-propelled sprayers and TerraGator high-floatation spreaders. Read More
Eric SfiligojYuma Centennial Ag Supply Earns 2014 National Environme…
July 28, 2014
Colorado-based ag retailer receives top trophy in 24th annual DuPont Crop Protection/CropLife ceremony. Read More
CropLife 100Pinnacle Forms Alliance With Wildlife Managment, Seed O…
July 25, 2014
The strategic alliance will provide Tecomate with key wildlife products, processing facilities, distribution centers and sales through Pinnacle’s ever-growing retail network. Read More
ManagementFranken Presses White House On RFS Support
July 25, 2014
Al Franken and a group of Senate democrats recently met with senior White House official John Podesta to urge the administration to change its position on an EPA proposal. Read More
ManagementASA, FarmLink To Launch ‘Operation Benchmark̵…
July 25, 2014
The American Soybean Association (ASA) and FarmLink are teaming up to help farmers close the $11 billion gap between what they harvested in 2013 and what they could harvest annually. Read More
StewardshipNorthey: Farmers Commit $1.4 Million to Try New Water Q…
July 25, 2014
The practices that are eligible for funding include cover crops, no-till or strip till and using a nitrification inhibitor when applying fall fertilizer. Read More
Precision AgFarmers Learn How Changing World Will Impact Iowa
July 24, 2014
Technology and understanding global consumer demand for Iowa farm products brought hundreds of farmers and agribusiness leaders to Ames recently for the annual Iowa Farm Bureau Federation Economic Summit. Read More
HerbicidesPurdue: Late Season Weeds May Require Manual Removal
July 24, 2014
Hand-rouging and pulling late season weeds by hand may be the best way to remove them, more so than using a herbicide, a Purdue Extension weed scientist says. Read More
Soybean Field
InsecticidesTransform WG, Closer SC Insecticides Receive R&D 10…
July 23, 2014
Dow AgroSciences has received the award from R&D Magazine for Transform WG insecticide and Closer SC insecticide with Isoclast active. Read More
EquipmentKinze, Raven Team Up On 4900 Planter Monitor
July 23, 2014
Kinze Manufacturing announces a partnership with Raven Industries to develop a standalone monitor solution for the Kinze 4900 series planter. With this new Read More
LegislationNew Farm Bill Continues To Confuse As Growers Await USD…
July 23, 2014
The new five-year Farm Bill eliminates many of the direct payments previously payed to growers and could benefit from USDA clarification, reports a Toledo Blade columnist. Read More
EquipmentPrecisionAg.com Relaunches With Responsive Design For M…
July 22, 2014
PrecisionAg, the worldwide leader in precision agriculture information and analysis, announces the launch of its completely redesigned website, PrecisionAg.com. Read More
FungicidesEPA OKs Two Willowood Fungicides
July 21, 2014
The EPA has approved Willowood Azoxy 2SC and Willowood AzoxyProp Xtra. two widely used broad spectrum, preventative fungicides with systemic and curative properties. Read More
Precision AgFarmers Learning Fast As UAVs Take Off
July 17, 2014
Farmers and others interested in how UAVs can be used in agricultural applications were able to learn more about the technology during the recent Precision Aerial Ag Show. Read More
CropLife 100Bobby Knight, Richard Petty To Highlight Ag PhD Field D…
July 17, 2014
Attendees at the July 24 Ag PhD Field Day at Hefty Farms will learn about the latest agricultural technologies, and get a chance to meet legendary sports figures Bobby Knight and Richard Petty. Read More