Monsanto (MON) awards a potentially lucrative contract to distribute its crop protection...

|About: Monsanto Company (MON)|By:, SA News Editor

Monsanto (MON) awards a potentially lucrative contract to distribute its crop protection products in Australia and New Zealand to China's Sinochem, a day after terminating a decade-long deal with Nufarm (NUFMF.PK). Sinochem already sells MON's Roundup brand in China and the Philippines. Meanwhile, the Australian pesticide and herbicide producer may have become an M&A target.