Monsanto Enters Tolling Agreement for Large Seed Processing
August 8, 2016
Monsanto is entering into a 10-year tolling agreement with Seneca Foods Corporation for vegetable large seed processing operations, the St. Louis-based agricultural giant announced Aug. 4.
Under the agreement, Seneca’s tolling services will include receiving, conditioning, treating, packaging, and storage of large seeds for vegetable crops including peas, beans, and sweet corn. Monsanto’s vegetable seed processing facility in Nampa, ID was sold to Seneca as part of the arrangement. Vegetable large seed processing currently undertaken at Monsanto’s Warden, WA facility will transfer to Seneca’s Dayton, WA facility.
The St. Louis-based company said the transition will take place over “the next few months,” according to a press release, and that operations at its Warden facility will halt by the end of 2016. Terms of the transaction were not disclosed in Monsanto's release.
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