Dow launches new genetically modified soybean seed in the U.S., taking aim at Monsanto
Dow AgroSciences is launching a genetically engineered soybean seed in the United States that’s been barred by major importers, the company said this week. Archer Daniels Midland Co., one of the world’s largest grain companies, will oversee the handling of the harvests to keep them out of Europe and China, which have not yet approved imports of the soybeans.The arrangement with ADM shows the lengths that Dow, a division of DowDuPont Inc., is taking to get its Enlist E3 soybean seeds to market as it faces increasing competition for U.S. [node:read-more:link]