Monsanto buys weather data company

11/12/2013 12:40:00 PM
Vicky Boyd

The Climate Corp.St. Louis-based Monsanto Co. has completed the purchase of The Climate Corp. for $930 million.

The 6-year-old San Francisco company provides weather data and insurance to farmers worldwide, according to a news release.

The Climate Corp. has developed proprietary technology that tracks and analyzes weather and crop-specific conditions to provide future forecasts. Farmers can use mobile devices to access this information or visit the company's website, www.weather.com.

Other products include a nitrogen adviser, a plant and disease adviser, and a harvest adviser.

The company also offers Total Weather Insurance, which pays farmers automatically for bad weather that may affect their profits.

In addition, the company is an authorized provider of U.S. federal crop insurance.



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yanis ertmanis    
m5v2b7  |  December, 17, 2013 at 09:29 AM

isn't that a huge conflict of interest purchase? it's disturbing the power a seed company is intending to wreak on the farming communities. who is accountable? where are the checks and balances? monsanto appears like a cancer in the world of farming. impersonal, profit driven, dictatorial, rich enough to be connected to the u.n. and 'recently' to agenda 21. an environmental manifesto, a utopian dystopia, an agenda for sustainable business models under the banner of 'green' wrong, wrong, wrong.

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