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Monsanto Is on the Verge of a Technology Explosion, Executives Tell Investors at Annual Field Event
Date:8/13/2009

ait platform featuring a combination of insect control traits that significantly reduce the risk of resistance for both above- and below-ground pests. This will allow reduction of typically structured farm refuge from 20 percent to 5 percent in the U.S. Corn Belt and Canada and from 50 percent to 20 percent in the U.S. Cotton Belt.

Monsanto continues its extensive, multi-year research of a refuge in the bag (RIB) concept, a blended seed system that would allow a farmer to plant one bag of seed that contains all of the necessary refuge seed for both above-ground and below-ground requirements. The U.S. Environmental Protection Agency's decision to grant a lower structured refuge to 5 percent in the Corn Belt is a critical first step to a commercially-viable RIB product. Monsanto is evaluating the scientific data, and most importantly, the value to farmers delivered through RIB with Genuity(TM) SmartStax(TM), and will make a final commercial decision on Genuity(TM) SmartStax(TM) RIB after all yield trials are analyzed late this year.

Genuity(TM) Roundup Ready 2 Yield(R) Soybeans

The company expects seed production for Genuity(TM) Roundup Ready 2 Yield(R) in 2010 to reach 7 to 8 million acres across additional relative maturity zones. Genuity(TM) SmartStax(TM) and Genuity(TM) Roundup Ready 2 Yield(R) will be the platforms for all new traits to come and will create the value to allow for incremental pricing and mix lift as they become an increasing portion of Monsanto's portfolio.

"As a technology company in the agricultural space, our right to be a partner with growers is purely a function of the value we create and the value we share," Grant said. "Every decision we make about our business is rooted in these two basic principles. All things being equal, the sharing with the grower matters the most, and that sharing gives us the permission to
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SOURCE Monsanto Company
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Related biology technology :

1. 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
2. Monsanto, BASF Scientists Disclose Discovery of Gene Conferring Drought Tolerance in Corn Plants
3. Monsantos Historic R&D Investment has Contributed to Mid-20s Gross Profit Growth for Its Seeds and Genomics Segment
4. Monsanto Executives to Discuss Companys Growth Drivers, Profit Goals at Investor Conferences in February
5. BASF and Monsanto Formalize Agreement to Develop Dicamba-Based Formulation Technologies
6. Monsanto Shareowners Reelect Board Members at Companys Annual Meeting
7. Monsanto Board Approves 10 Percent Dividend Increase
8. Monsanto Recognized as Top Biotechnology Employer by Science Magazine
9. Monsanto Sees Growing Opportunity for Biotech Traits Globally
10. New Insect Protection Technology From Monsanto Company Deregulated by USDA
11. Monsanto Announces Key Regulatory Approvals for Roundup Ready 2 Yield(TM) Soybeans; Product Remains on Track for 2009 Launch
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