Monsanto loses bid to stop Arkansas ban on farm chemical

By Tom Polansek CHICAGO (Reuters) - An Arkansas judge on Friday dismissed a Monsanto Co lawsuit aiming to stop Arkansas from blocking the use of a controversial farm chemical the company makes, dealing a blow to its attempts to increase sales of genetically engineered seeds. Monsanto, which is being acquired by Bayer AG, filed the lawsuit last year in a bid to halt the state's ban on sprayings of the weed killer known as dicamba from the period spanning April 16 to Oct. 31. St. Louis-based Monsanto, the biggest U.S. seed company, said it was disappointed with the judge's decision and would consider additional legal action.

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