Supreme Court rules for Monsanto in genetically modified soybean case

The Supreme Court agreed with Monsanto on Monday that an Indiana farmer’s un­or­tho­dox planting of the company’s genetically modified soybeans violated the agricultural giant’s patent. The court unanimously rejected farmer Vernon Hugh Bowman’s argument that he was not violating Monsanto’s patent because the company’s pesticide-resistent “Roundup Ready” soybeans replicate themselves. Justice Elena Kagan said there is no...

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Monsanto Company Announces $1 Billion Share Repurchase Program, Declares Dividend

Company Continues to Leverage Strong Cash Position to Bring Value to Shareowners ST. LOUIS, June 9, 2010 /PRNewswire-FirstCall/ — Reaffirming its continuing effort to deliver value to shareowners, Monsanto Company (NYSE: MON) announced today that its Board of Directors has approved a new three-year share repurchase program and declared a quarterly dividend. Monsanto’s board...

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As U.S. Approves GM Soybean, DuPont and Monsanto Gird for Cooking-Oil War – New York Times

By PAUL VOOSEN of Greenwire Published: June 7, 2010 The Agriculture Department will approve for broad use tomorrow a genetically modified soybean engineered to contain healthier oils, the opening salvo in a biotech oil fight between DuPont Co. and its rival, Monsanto Co. The high-oleic soybean, developed by DuPont and pending deregulation since 2006,...

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