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| Monsanto Company Invests in Developing New Technologies for Wheat with Acquisition of WestBred Business [Source: Monsanto Europe ] |
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[14-Jul-2009] Monsanto Company announced on July 14 that it is expanding its seeds and traits portfolio to include wheat. The company has acquired the assets of WestBred, LLC, a Montana-based company that specializes in wheat germplasm, the crop's seed genetic material. The company does not expect the acquisition to be accretive to earnings until the middle to latter part of the next decade, will bolster the future growth of Monsanto's seeds and traits platform and allow farmers to...
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