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Dow AgroSciences, Monsanto Complete U.S. and Canadian Regulatory Authorizations for SmartStax Corn; Plans Set to Launch Seed Platform on 3 Million- to 4 Million-Plus Acres
Date:7/20/2009

e U.S. Cotton Belt.

As part of today's announcement, the companies noted that the new corn seed technology is expected to be offered to farmers on 3 million- to 4-million-plus acres in its first year of availability. The product's launch would represent the largest introduction of a corn biotech seed product in the history of agriculture.

"Farmers are the real winners with SmartStax," said Robb Fraley, Monsanto Chief Technology Officer and Executive Vice President. "The 5 percent refuge for SmartStax will give farmers a tremendous advantage to increase whole farm corn yield 5 to 10 percent. This is a key early step in our commitment to helping farmers sustainably double yields by 2030 to meet the increasing demands for grain for food, feed and fuel. This reduced refuge will be easier for farmers and will further reduce insecticide use while reducing grower risks and enhancing the long-term durability of the technology."

"The SmartStax technology developed by Dow AgroSciences and Monsanto will help U.S. and Canadian corn farmers take corn production to the next level," said Jerome Peribere, Dow AgroSciences President and CEO. "By combining the industry's leading seed traits, SmartStax protects against the broadest spectrum of insect pests with the most consistent level of control available. The multiple modes of action of SmartStax reduce the likelihood of insect resistance, making possible a significant reduction in the refuge requirement. Corn farmers who plant hybrids with SmartStax will benefit from increased productivity due to improved pest protection and a reduced refuge."

"One of the great benefits of biotechnology is that it has enabled my son and me to reduce the use of insecticides on our farm by 80 percent," said Leon Corzine, a farmer who operates a fifth-generation corn and soybean farm with his son in Assumption, Ill. "Smart
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SOURCE The Dow Chemical Company
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