Monsanto and DuPont quarrel over soybean technology

OA show ('918 '); Monsanto has sued DuPont and attempted to terminate its soybean technology license agreement with pioneer hybrid international, a subsidiary of DuPont At a press conference later last week, Monsanto said that according to media reports, DuPont has also filed a lawsuit against Monsanto, but Monsanto has not confirmed that Monsanto said the terms of its Roundup Ready soybean technology license agreement with pioneer on Monsanto were "not enforceable" because of the merger of DuPont and pioneer According to Monsanto, DuPont's lawsuit is said to be for compensation and other licences (for the sale of products containing Roundup Ready soybean technology) Monsanto said it would "vigorously refute all DuPont's allegations" and continue to sell its Roundup Ready technology In October 1999, Monsanto reached an agreement with pioneer and Cargill on Monsanto's purchase of Cargill's international seed enterprise Monsanto and pioneer agreed to use cash for technology In early January, DuPont signed a multi-year agreement to purchase glyphosate from Monsanto The contract for Monsanto's Glyphosate pesticide registration data allows DuPont to register its own brand for glyphosate pesticides sold in the United States At the time, DuPont said Monsanto's Roundup and Roundup ultra pesticides would compete with some DuPont products in the agricultural market Source: (provided by Yan Yi, American Soybean Association) China feed industry information network BUW (author:)