Feedstuffs, MN 09-06-07 Iowa State University, Monsanto settle low-lin soybean dispute

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Feedstuffs, MN
09-06-07
Iowa State University, Monsanto settle low-lin soybean dispute
The Iowa State University Research Foundation (ISURF) and Monsanto
Company resolved a patent dispute related to low linolenic soybeans and
established a relationship that paves the way for future technology development.
Under the terms of the agreement Monsanto will receive a commercial license
from ISURF for current and future low linolenic acid product lines developed by
Iowa State University. The University will receive a research license for the use
of Roundup RReady2Yield(TM) soybeans. Additional terms of the agreement
were not disclosed.
Soybeans that contain low linolenic acid content result in more stable oil that
does not require hydrogenation. By eliminating hydrogenation, the oil has no
trans fat. As additional soybean quality traits are developed by Iowa State,
Monsanto's Roundup RReady2Yield(TM) trait will be made available for stacked
combinations.
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