The Climate Corporation October 11, 2011, WeatherBill changed its name to The Climate Corporation. In June 2013 the U.S. Department of Agriculture's Risk Management Agency authorized the Climate Corporation to administer federal crop insurance policies for the 2014 crop year. In October, 2013 Monsanto announced that it was acquiring the company for approximately $1.1 billion. In November 2013 the company launched Climate Basic and Climate Pro, a set of advisory tools for farmers utilizing data science to help farmers make optimal decisions. In February 2014 the company announced it merged with Monsanto’s Integrated Farming System and Precision Planting divisions. In February 2014 the
Monsanto legal cases this business model, companies invest heavily in research and development, and recoup the expenses through the use and enforcement of biological patents. In 1969, Monsanto sued Rohm and Haas for infringement of Monsanto's patent for the herbicide propanil. In Monsanto Co. v. Rohm and Haas Co., the Third Circuit Court of Appeals ruled against Monsanto on the basis that the company had fraudulently procured the patent it sought to enforce. Since the mid‑1990s, Monsanto indicates that it has filed suit against 145 individual U.S. farmers for patent infringement and/or breach of contract in connection with its genetically engineered seed but