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1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers. 1995 - Pioneer stock is listed on the NYSE as PHYB. 1996 - Pioneer acquires 20% stake in Sunseeds Co. (a hybrid vegetable seed producer) in exchange for Pioneer's vegetable seed operation.
Burpee Seeds, established in 1876; D. Landreth Seed Company, established 1784; Fedco Seeds, established in 1978; Ferry-Morse Seed Company, established in 1856; Gurney's Seed and Nursery Company, established in 1866; Harris Seeds, established in 1879 [5] [6] [7] Hudson Valley Seed Company, established in 2009 [8] [9] J.W. Jung Seed Company ...
The DowDuPont agricultural businesses that became Corteva had revenue of over $14 billion in 2017, [9] which would have placed the company in the Fortune 500 for that year. A major part of the company is Pioneer Hi-Bred International, which DuPont purchased in 1999.
J. E. M. Ag Supply, Inc. v. Pioneer Hi-Bred International, Inc., 534 U.S. 124 (2001), [1] was a decision of the United States Supreme Court holding for the first time that utility patents may be issued for crops and other flowering (sexually reproducing) plants under 35 U.S.C. § 101. [2]
As a result, DeKalb was the leader in U.S. hybrid seed corn sales from the mid-1930s until the mid-1970s (Crabb 1948. Roberts 1999). [2] In 1982 DeKalb formed a joint venture with Pfizer, called DeKalb-Pfizer Genetics, and in 1985 the name was changed to DeKalb Corporation. The seed business was spun off as DeKalb Genetics Corporation in 1988. [4]
In 1993, ICI sold off its North American assets, and Garst seed business became part of a new company called Zeneca. [1] In 1996, Garst became part of Advanta Group, formed through the merger of Zeneca Seeds and VanderHave. [1] Zeneca became part of AstraZeneca and VanderHave was controlled by a Dutch farmer-owned co-operative called Cosun U.A. [2]
In 1870, he founded the R. H. Shumway seed company on his farm in Rockford, Illinois. [2] By 1881 his company was expanding, so the company relocated to South First street in order to accommodate larger facilities. [3] By his death in 1925, it was the largest in the world, shipping 200,000 catalogues per year. [4]
The US patent for Roundup Ready soybeans expired in 2014. [13] The US patent for Roundup Ready canola expired on 26 April 2022. [14] The 2022 film Percy is based on Canadian farmer Percy Schmeiser's legal battle against Monsanto over the Roundup Ready canola patent.
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