"Monsanto, DuPont Sign Supply Agreement For Dicamba Herbicide"

"U.S. seed and agrochemicals companies Monsanto Co and DuPont said on Thursday they have signed a multi-year supply agreement for the weed killer dicamba in the United States and Canada.

Under the deal, whose terms were not disclosed, Monsanto will supply its farm seeds and chemicals rival with the herbicide, which will be sold as DuPont FeXapan herbicide plus VaporGrip Technology, the companies said.

The chemical is meant for use with Monsanto's Roundup Ready 2 Xtend soybeans, a genetically modified variety designed to tolerate applications of dicamba and glyphosate herbicides. DuPont signed a licensing agreement in 2013 to incorporate Monsanto's Xtend trait in its seeds."

Karl Plume reports for Reuters July 7, 2016.