Monsanto Co reported a 6 percent drop in quarterly profit on Wednesday, but shares jumped more than 5 percent as the world's largest seed company beat forecasts, improved its near-term outlook and said it planned to double earnings over the next five years. The company, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, also announced authorization of a $10 billion share repurchase and cited strong progress on a new farm data business platform.
Read MoreQuestions about Roundup, the world's most popular herbicide, are on the agenda at the U.S. Environmental Protection Agency Tuesday when regulators meet with a group of mothers, scientists, environmentalists and others who say they are worried about Roundup residues found in breast milk. The meeting near Washington D.C., follows a five-day phone call blitz of EPA offices by a group called "Moms Across America" demanding that the EPA pay attention to their demands for a recall of Roundup.
Read MoreVoters in a small Oregon county were considering on Tuesday a controversial measure that would ban cultivation of genetically engineered crops within their boundaries. The measure in Jackson County in southern Oregon, has drawn national attention and more than $1 million in campaign funding to the community, which has only 117,650 registered voters. "It is drawing a lot of attention," said Jackson County Clerk Chris Walker. "There is so much buzz about it." The ban is supported by a coalition of more than 180 farmers and community members, who have been pushing for the vote on the issue for more than two years.
Read MoreHoney bees, crucial in the pollination of many U.S. crops, are still dying off at an worrisome rate, even though fewer were lost over the past winter, according to a government report issued on Thursday. Total losses of managed honey bee colonies was 23.2 percent nationwide for the 2013-2014 winter, according to the annual report issued by the U.S. Department of Agriculture (USDA) and the "Bee Informed Partnership," a group of honeybee industry participants.
Read MoreU.S. children are consuming more than 10 pounds (4.5 kgs) of sugar annually if they eat a typical morning bowl of cereal each day, contributing to obesity and other health problems, and cereal makers and regulators are doing little to address the issue, according to a study released on Thursday. The Environmental Working Group, a Washington, D.C.-based health information non-profit, said its report covers more than 1,500 cereals, including 181 marketed to children.
Read MoreU.S. chemical maker DuPont and its agricultural seed unit, Pioneer, acted in bad faith in a long-running legal battle with rival Monsanto Co, according to a federal appeals court ruling on Friday that affirmed sanctions against DuPont. The U.S. Court of Appeals for the Federal Circuit agreed with a lower court decision in Missouri that sided with Monsanto in a dispute over DuPont's use of Monsanto's patented seed technology that makes certain crops able to tolerate glyphosate-based herbicide.
Read MoreDow AgroSciences, a unit of Dow Chemical , said Friday it would start a "limited commercial introduction" in Canada of a new genetically engineered corn that tolerates a new herbicide developed by Dow that U.S. regulators are still examining. Dow said the new corn will be offered to only certain Canadian farmers under tight controls, with full commercialization planned for 2015 after all needed import approvals are in place. Planting starts next week, Dow said. Any harvested corn must be kept on the farm, Dow said. "It's hands on in a real field setting," said Dow spokeswoman Kenda Resler-Friend.
Read MoreVermont on Thursday became the first U.S. state to mandate labeling of foods made with genetically modified organisms as Governor Peter Shumlin signed a law that is expected to be challenged in court by some food and agriculture companies. The law, set to take effect July 1, 2016, would for the first time align at least a small part of the United States with more than 60 other countries that require labeling of genetically engineered foods. And it sets the stage for more than two dozen other states that are currently considering mandatory labeling of such GMO foods.
Read MoreU.S.-grown apples are widely coated with a pesticide that has been newly banned in the European Union amid health concerns, and the United States is at least a year behind in a required scientific assessment of the pesticide, an environmental group said on Thursday. The Environmental Working Group, a nonprofit health and environmental advocacy group, sent a letter to the Environmental Protection Agency asking for the agency to halt the use of diphenylamine, also called DPA, until a new analysis shows DPA levels on food are safe, the group said.
Read MoreA law that would make Vermont the first U.S. state to enact mandatory labeling of foods made with genetically modified organisms, or GMOs, received final approval from state lawmakers on Wednesday and now heads to the governor's desk. The Vermont House of Representative passed the bill 114-30. Last week, the Vermont Senate, by a vote of 28-2, approved the measure, which requires foods containing GMOs sold at retail outlets to be labeled as having been produced or partially produced with "genetic engineering."
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