Monsanto company, the "new Monsanto", focused on four key agricultural crops—soybeans, maize, wheat and cotton. Monsanto agreed to indemnify Pharmacia against potential liabilities from judgments against Solutia. As a result, the new Monsanto continued to be a party to numerous lawsuits over the prior Monsanto. Pharmacia was bought by Pfizer in 2003.) In 2005 Monsanto acquired Emergent Genetics and its Stoneville and NexGen cotton brands. Emergent was the third largest U.S. cotton seed company, with about 12% of the U.S. market. Monsanto's goal was to obtain "a strategic cotton germplasm and traits platform." Also in 2005, Monsanto purchased Seminis, the California-based
Monsanto legal cases Columbia, thereby indicating that Monsanto had complied fully with the terms of the agreement. In 2014, Monsanto reached a settlement with soft wheat farmers over the 2013 discovery of experimental glyphosate-resistant wheat in a field in Oregon which had led to South Korea and Japan temporarily stopping some US wheat importation. The settlement included the establishment of a $2.125 million fund for economically affected soft-wheat farmers. In 2003, Monsanto sued Oakhurst Dairy over Oakhurst's label on its milk cartons that said "Our farmer's pledge: no artificial hormones," referring to the use of bovine somatotropin (rBST). Monsanto argued that the label