Monsanto, DuPont settle lawsuits, set new $1.75-billion deal

The companies have dropped their lawsuits against each other and agreed 
to work together delivering new technology to farmers

Reuters / Monsanto Co. and DuPont have settled a bitter legal battle over rights to technology for genetically modified seeds and will drop antitrust and patent claims against each other while forging a new collaboration, the companies said March 26. The deal tosses out a $1-billion jury verdict DuPont was ordered to pay Monsanto last August. Instead,

Like most American belts, the Corn Belt has expanded too

North Dakota corn acreage has doubled since 2006 and quadrupled since 2001 Reuters / A combination of a long-term warming trend, improved varieties and soaring profits has sparked a “corn boom” in the Northern Plains that might one day turn North and South Dakota into the new Iowa, analysts say. “All you need to do