FARM BUSINESS NEWS
Monsanto Buys Climate Corp
Wed Oct 2, 2013 08:21 AM CDT

OMAHA (DTN) --- Monsanto Co. it is getting into the weather analytics and crop insurance businesses with the announced purchase Wednesday of The Climate Corporation for $930 million.

The sale reflects the biotech giant is broadening its agricultural portfolio into weather monitoring, agronomic data and weather simulations for farmers.

In a news release, Monsanto stated that buying The Climate Corporation would provide farmers more access to information "about the many factors that affect the success of their crops. The companies' combined capabilities will support greater productivity while using the planet's finite resources more precisely, Monsanto stated.

In June, USDA approved ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Senior Partners - 4
Year-End Tax Panic
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
Klinefelter: By the Numbers
Automating the Farm Workload
Pillars of Leadership
Minding Ag's Business