Tags: US | Monsanto | Soybeans

Monsanto: U.S. Wants More Data in Soybean Probe

Thursday, 14 January 2010 09:19 AM EST

Monsanto says the Justice Department has requested information on its soybean traits business, as the government continues to look into how it grants access to certain genes used to grow the bulk of corn and soybean crops in the U.S.

The world's biggest seed developer says the government wants to ensure that farmers and seed companies will continue to have access to the first-generation Roundup Ready trait once its patent expires in 2014.

Last month, an Associated Press investigation uncovered contracts showing that the St. Louis company's business practices squeeze competitors and protect its dominance over the genetically altered crops market.

Monsanto Co.'s chief council says its practices are "fair, pro-competitive and in compliance with the law."

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Companies
Monsanto says the Justice Department has requested information on its soybean traits business, as the government continues to look into how it grants access to certain genes used to grow the bulk of corn and soybean crops in the U.S.The world's biggest seed developer says...
US,Monsanto,Soybeans
117
2010-19-14
Thursday, 14 January 2010 09:19 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved