Bayer CropScience, Monsanto in license deals

FRANKFURT, June 20 (Reuters) - Bayer CropScience (BAYG.DE: Quote, Profile, Research) and Monsanto (MON.N: Quote, Profile, Research) have entered into a series of long-term business and licensing agreements on agricultural technologies, the German drugs and chemicals group said on Wednesday. Bayer said in a statement its agrobusiness unit will grant Monsanto a royalty bearing, non-exclusive license for its herbicide technology for use in corn and soybeans, the two largest field crops in terms of acreage in the United States.

((Reporting by Mantik Kusjanto; Reuters Messaging: mantik.kusjanto.reuters.com@reuters.net; E-mail: mantik.kusjanto@reuters.com; +49 69 7565 1203)) Keywords: BAYER MONSANTO/

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