Dow Losing to Monsanto in Battle to License Modified Soy
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In the battle to license the next generation of genetically modified soybeans, Dow Chemical Co. is losing out to Monsanto Co. before either company’s product is available to U.S. farmers.
Dow’s Enlist soybeans, slated to go on sale next year, are engineered to survive being sprayed with both 2,4-D and glyphosate herbicides, a sought-after feature as farmers battle weed resistance. The company is counting on Enlist to help add $1 billion of agricultural revenue by 2018.