Corn growers in four states, including Illinois, next year will be eligible for average discounts of 14 percent on their crop insurance, if they plant seeds with a trio of biotech traits from Creve Coeur-based Monsanto Co.

The discounts — which…

Bankrupt chemical maker Solutia Inc. said today that select creditors and equity holders have taken up all the discounted shares they can get in the reorganized company. This will leave Creve Coeur-based   Monsanto Co. without any ownership in Solutia.

Solutia,…

Bloomberg News is reporting that Monsanto Co. has signed a development deal with Plant Health Care PLC, a U.K.-based maker of fertilizers based on biological products, to  develop  a new  crop protection product.

Under the agreement,  Creve Coeur-based Monsanto will gain…

(This is a corrected version of a “Business Ticker” item that first appeared late Tuesday afternoon. The original version erroneously omitted reference to Smurfit-Stone Container Corp., which was the first local company to join the Chicago Climate Exchange.)Monsanto Co., the…

A bankruptcy court in New York  has approved today the bankruptcy  plan of Solutia Inc., a Town and Country-based maker of specialty chemicals, nylon  and window films. The ruling clears the way for Solutia to emerge from its four-year-old reorganization…

FROM THE ASSOCIATED PRESS

Seed company Monsanto Co. on Thursday raised its fiscal 2008 earnings guidance and said it expects first-quarter profit above Wall Street expectations as demand for its seed and trait products grows.

The company expects to earn 35 cents…

FROM THE ASSOCIATED PRESS

DES MOINES, Iowa –Monsanto Co. plans to invest $230 million to expand its Iowa seed corn operations over the next two years.

The Creve Coeur-based company will improve existing DeKalb corn seed production sites in Boone and Grinnell and…

Reuters News Service reports that French President Nicolas Sarkozy is suspending the planting of genetically modified crops until he receives the results of an appraisal of the issue later this year or early in 2008.

Unveiling the country’s new environment policy…

Reuters this morning reports that France is considering banning the use of a genetically modified corn produced by Monsanto.

President Nicolas Sarkozy on Thursday is scheduled to unveil a new environment policy for France.

If France carries out the ban, it would…

Monsanto Co. is the first agriculture company to rank among the top 10 biotech industry employers in an annual survey commissioned by Science magazine.

The company, based in Creve Coeur, came in at No. 8 on a list dominated by pharmaceutical…