Monsanto (NYSE:MON) Enters Agreement with FMC Corporation

One of two agreements made by Monsanto (NYSE:MON), they entered into a deal with FMC Corporation to expand their Roundup Ready PLUS weed management platform for use with select products from FMC.

Herbicides from FMC included in the deal are Authority Assist, Authority First DF, Authority MTZ DF and Authority XL, which are preemergence residual herbicides used for soybeans.

According to a press release, Monsanto will license its Roundup Ready PLUS weed management trademarks for use with these specific FMC herbicides.

Mike Frank, vice president of Monsanto's crop protection business, said, "This new agreement provides growers a choice of products within the FMC soybean pre-mix residual brand line-up for effective and economical weed control in Roundup Ready soybean systems.”

Monsanto also made a similar deal with Sumitomo Chemical and their subsidiary Valent.

Monsanto (NYSE:MON) Partners with Sumitomo Chemical, Valent

Monsanto (NYSE:MON) has entered into an agreement with Sumitomo Chemical Co., Ltd. and their wholly-owned subsidiary, Valent U.S.A. Corp. in relationship to their Roundup Ready PLUS weed management platform in the United States.

As part of the deal Monsanto will help market SCC's flumioxazin products in Argentina and Brazil.

Included in the agreement with Valent are herbicides like Select branded post-grass herbicides used in the U.S., and preemergence residual herbicides Fierce, Ganster, Valor SX and Valor XLT.

Monsanto will license its Roundup Ready PLUS weed management trademarks to use with herbicides from Valent.

Mike Frank, vice president of Monsanto's crop protection business, said, "This new agreement provides a clear path forward in cooperative weed management initiatives for years to come.”