FARM BUSINESS NEWS
Monsanto Backs Farm Data Standards
Fri Jan 31, 2014 04:58 PM CST

(Dow Jones) -- Monsanto Co. on Friday said it supported industry-wide standards for managing information collected from farmers' fields, seeking to tamp down concerns among farmers over who will control the flow of farm data.

Officials for the St. Louis-based seed company backed a uniform format for such data and said the company is developing a free, online storage system for information ranging from crop yields to planting dates. Monsanto said its view is that farmers own the data generated by their businesses.

"We want to be clear with the farmer about what we intend to do with the data," ...

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