DuPont Co.

DuPont Co., Wilmington, Del., and Monsanto Co., St. Louis, resolved their dispute over the use of Monsanto's insect-protected corn. trait. DuPont said the resolution includes the dismissal of several lawsuits filed by both parties in U.S. District Courts in St. Louis and Rockford, Ill. over the development, use and licensing of Monsanto's MON810 YieldGard corn trait.

DuPont sells corn seed to farmers, and Monsanto's corn trait helps to protect the corn from insects, said DuPont subsidiary Pioneer Hi-Bred International. Under the agreement, Pioneer Hi-Bred will continue to offer its customers Monsanto's corn hybrids under a royalty-bearing license.