The company also licenses its GMO properties to other seed companies. Monsanto has received import approval from China , the world ’s biggest grain importer , for its new genetically modified Roundup Ready 2 Xtend soybeans , and has also confirmed that it will begin selling the seeds in the United States and Canada . The soybean crop is expected to tolerate applications of glyphosate and dicamba herbicides amid a growing problem of glyphosate - resistant weeds in North America . Dicamba use is allowed in Canada , but not yet approved in the United States . Monsanto is offering incentives to US farmers buying the new seeds in case the regulatory approval does not arrive in time for the 2016 growing season . The company expects the genetic technology to be planted to two - thirds of US soybean acres by 2019 .
Monsanto has received import approval from China , the world ’s biggest grain importer , for its new genetically modified Roundup Ready 2 Xtend soybeans , and has also confirmed that it will begin selling the seeds in the United States and Canada . The soybean crop is expected to tolerate applications of glyphosate and dicamba herbicides amid a growing problem of glyphosate - resistant weeds in North America . Dicamba use is allowed in Canada , but not yet approved in the United States . Monsanto is offering incentives to US farmers buying the new seeds in case the regulatory approval does not arrive in time for the 2016 growing season . The company expects the genetic technology to be planted to two - thirds of US soybean acres by 2019 .