mick silver
27th March 2015, 02:30 PM
USDA Deregulates Monsanto’s First-Generation Drought-Tolerant Trait for Corn Trait is Part of a System Designed to Help Maintain Yield Potential During Drought Stress
Wednesday December 21, 2011
Dateline: ST. LOUIS
Email (http://news.monsanto.com/printmail/23)PDF (http://news.monsanto.com/printpdf/23)Print (http://news.monsanto.com/print/node/23)RSS (http://news.monsanto.com/feeds/press_release/all/rss.xml)
Public Company Information:NYSE:
MON
"We look forward to future advances from our yield and stress-tolerant pipeline with Monsanto."
Monsanto received deregulation from the U.S. Department of Agriculture for MON 87460, the company’s first-generation drought-tolerant trait for corn.
Drought-tolerant corn is projected to be introduced as part of an overall system that would offer farmers improved genetics, agronomic practices and the drought trait. Monsanto plans to conduct on-farm trials in 2012 to give farmers experience with the product, while generating data to help inform the company’s commercial decisions.
“Our drought system is designed to help farmers mitigate the risk of yield loss when experiencing drought stress, primarily in areas of annual drought stress,” said Hobart Beeghly, U.S. product management lead. “This spring farmers in the Western Great Plains will have an opportunity to see how the system performs on their farm through on-farm trials.”
For the 2012 trials, Monsanto plans to have Genuity® VT Triple PRO® (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.monsanto.com%2Fproducts%2FPag es%2Fgenuity-vt-triple-pro-corn.aspx&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=Genuity%C2%AE+VT+Triple+PRO%C2%AE&index=1&md5=e2e3043c3b944965f08f720e5c85a455) and Genuity® VT Double PRO® (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.monsanto.com%2Fproducts%2FPag es%2Fgenuity-vt-double-pro-corn.aspx&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=Genuity%C2%AE+VT+Double+PRO%C2%AE&index=2&md5=6dec500991913fab62d7154d542bb858) technology serve as the agronomic trait platform to be used with the drought-tolerant trait. These technologies offer growers excellent insect protection and tolerance to Roundup® agricultural herbicides.
The drought-tolerant trait is part of Monsanto's Yield and Stress collaboration in plant biotechnology with Germany-based BASF (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.basf.com&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=BASF&index=3&md5=2349ed7709b1994d6a35e51d32334c5f). The collaboration is aimed at developing higher-yielding crops and crops more tolerant to adverse environmental conditions, such as drought.
"Through this collaboration, BASF is excited to be working on meaningful solutions for growers dealing with drought-stressed environments," said Jonathan Bryant, vice president of business management at BASF Plant Science. "We look forward to future advances from our yield and stress-tolerant pipeline with Monsanto."
The USDA deregulation concludes the U.S. federal regulatory process. Import approvals in key corn import markets with functioning regulatory systems are in progress.
About Monsanto Company
Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy. To learn more about our business and our commitments, please visit: www.monsanto.com (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.monsanto.com&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.monsanto.com&index=4&md5=4e8643cb258609d9e66d06f3ba0ee8d9). Follow our business on Twitter® at www.twitter.com/MonsantoCo (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.twitter.com%2FMonsantoCo&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.twitter.com%2FMonsantoCo&index=5&md5=534b408d67f56d13bb16c0b1690997f9), on Facebook® at www.facebook.com/MonsantoCo (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.facebook.com%2FMonsantoCo&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.facebook.com%2FMonsantoCo&index=6&md5=5816d5a9f59b1007ef71ae565cafcf73), or subscribe to our News Release RSS Feed.
About BASF Plant Science
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. BASF Plant Science – a BASF group company – is one of the world’s leading companies providing innovative plant biotechnology solutions for agriculture. Today, more than 750 employees are helping farmers meet the growing demand for improved agricultural productivity and healthier nutrition for humans and animals. BASF Plant Science has developed an unparalleled gene discovery platform focusing on yield and quality traits in crops such as corn, soybean and rice. Jointly with leading partners in the seed industry BASF Plant Science is commercializing its products. Current projects include higher yielding row crops, nutritionally-enhanced corn for animal feed or higher content of Omega-3’s in oil crops for preventing cardiovascular diseases. To find out more about BASF Plant Science, please visit www.basf.com/plantscience (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.basf.com%2Fplantscience&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.basf.com%2Fplantscience&index=7&md5=3cd5c8246928e9774316c0b69d259728).
Cautionary Statements Regarding Forward-Looking Information:
Certain statements contained in this release are "forward-looking statements," such as statements concerning the company's anticipated financial results, current and future product performance, regulatory approvals, business and financial plans and other non-historical facts. These statements are based on current expectations and currently available information. However, since these statements are based on factors that involve risks and uncertainties, the company's actual performance and results may differ materially from those described or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, among others: continued competition in seeds, traits and agricultural chemicals; the company's exposure to various contingencies, including those related to intellectual property protection, regulatory compliance and the speed with which approvals are received, and public acceptance of biotechnology products; the success of the company's research and development activities; the outcomes of major lawsuits and the previously-announced SEC investigation; the previously reported material weakness in our internal controls over financial reporting; developments related to foreign currencies and economies; successful operation of recent acquisitions; fluctuations in commodity prices; compliance with regulations affecting our manufacturing; the accuracy of the company's estimates related to distribution inventory levels; the company's ability to fund its short-term financing needs and to obtain payment for the products that it sells; the effect of weather conditions, natural disasters and accidents on the agriculture business or the company's facilities; and other risks and factors detailed in the company's most recent Form 10-K Report to the SEC. Undue reliance should not be placed on these forward-looking statements, which are current only as of the date of this release. The company disclaims any current intention or obligation to update any forward-looking statements or any of the factors that may affect actual results.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130723006588r1&sid=sfsite1&distro=nxhttp://news.monsanto.com/press-release/usda-deregulates-monsantos-first-generation-drought-tolerant-trait-corn
Wednesday December 21, 2011
Dateline: ST. LOUIS
Email (http://news.monsanto.com/printmail/23)PDF (http://news.monsanto.com/printpdf/23)Print (http://news.monsanto.com/print/node/23)RSS (http://news.monsanto.com/feeds/press_release/all/rss.xml)
Public Company Information:NYSE:
MON
"We look forward to future advances from our yield and stress-tolerant pipeline with Monsanto."
Monsanto received deregulation from the U.S. Department of Agriculture for MON 87460, the company’s first-generation drought-tolerant trait for corn.
Drought-tolerant corn is projected to be introduced as part of an overall system that would offer farmers improved genetics, agronomic practices and the drought trait. Monsanto plans to conduct on-farm trials in 2012 to give farmers experience with the product, while generating data to help inform the company’s commercial decisions.
“Our drought system is designed to help farmers mitigate the risk of yield loss when experiencing drought stress, primarily in areas of annual drought stress,” said Hobart Beeghly, U.S. product management lead. “This spring farmers in the Western Great Plains will have an opportunity to see how the system performs on their farm through on-farm trials.”
For the 2012 trials, Monsanto plans to have Genuity® VT Triple PRO® (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.monsanto.com%2Fproducts%2FPag es%2Fgenuity-vt-triple-pro-corn.aspx&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=Genuity%C2%AE+VT+Triple+PRO%C2%AE&index=1&md5=e2e3043c3b944965f08f720e5c85a455) and Genuity® VT Double PRO® (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.monsanto.com%2Fproducts%2FPag es%2Fgenuity-vt-double-pro-corn.aspx&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=Genuity%C2%AE+VT+Double+PRO%C2%AE&index=2&md5=6dec500991913fab62d7154d542bb858) technology serve as the agronomic trait platform to be used with the drought-tolerant trait. These technologies offer growers excellent insect protection and tolerance to Roundup® agricultural herbicides.
The drought-tolerant trait is part of Monsanto's Yield and Stress collaboration in plant biotechnology with Germany-based BASF (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.basf.com&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=BASF&index=3&md5=2349ed7709b1994d6a35e51d32334c5f). The collaboration is aimed at developing higher-yielding crops and crops more tolerant to adverse environmental conditions, such as drought.
"Through this collaboration, BASF is excited to be working on meaningful solutions for growers dealing with drought-stressed environments," said Jonathan Bryant, vice president of business management at BASF Plant Science. "We look forward to future advances from our yield and stress-tolerant pipeline with Monsanto."
The USDA deregulation concludes the U.S. federal regulatory process. Import approvals in key corn import markets with functioning regulatory systems are in progress.
About Monsanto Company
Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy. To learn more about our business and our commitments, please visit: www.monsanto.com (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.monsanto.com&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.monsanto.com&index=4&md5=4e8643cb258609d9e66d06f3ba0ee8d9). Follow our business on Twitter® at www.twitter.com/MonsantoCo (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.twitter.com%2FMonsantoCo&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.twitter.com%2FMonsantoCo&index=5&md5=534b408d67f56d13bb16c0b1690997f9), on Facebook® at www.facebook.com/MonsantoCo (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.facebook.com%2FMonsantoCo&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.facebook.com%2FMonsantoCo&index=6&md5=5816d5a9f59b1007ef71ae565cafcf73), or subscribe to our News Release RSS Feed.
About BASF Plant Science
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. BASF Plant Science – a BASF group company – is one of the world’s leading companies providing innovative plant biotechnology solutions for agriculture. Today, more than 750 employees are helping farmers meet the growing demand for improved agricultural productivity and healthier nutrition for humans and animals. BASF Plant Science has developed an unparalleled gene discovery platform focusing on yield and quality traits in crops such as corn, soybean and rice. Jointly with leading partners in the seed industry BASF Plant Science is commercializing its products. Current projects include higher yielding row crops, nutritionally-enhanced corn for animal feed or higher content of Omega-3’s in oil crops for preventing cardiovascular diseases. To find out more about BASF Plant Science, please visit www.basf.com/plantscience (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.basf.com%2Fplantscience&esheet=50676109&newsitemid=20130723006588&lan=en-US&anchor=www.basf.com%2Fplantscience&index=7&md5=3cd5c8246928e9774316c0b69d259728).
Cautionary Statements Regarding Forward-Looking Information:
Certain statements contained in this release are "forward-looking statements," such as statements concerning the company's anticipated financial results, current and future product performance, regulatory approvals, business and financial plans and other non-historical facts. These statements are based on current expectations and currently available information. However, since these statements are based on factors that involve risks and uncertainties, the company's actual performance and results may differ materially from those described or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, among others: continued competition in seeds, traits and agricultural chemicals; the company's exposure to various contingencies, including those related to intellectual property protection, regulatory compliance and the speed with which approvals are received, and public acceptance of biotechnology products; the success of the company's research and development activities; the outcomes of major lawsuits and the previously-announced SEC investigation; the previously reported material weakness in our internal controls over financial reporting; developments related to foreign currencies and economies; successful operation of recent acquisitions; fluctuations in commodity prices; compliance with regulations affecting our manufacturing; the accuracy of the company's estimates related to distribution inventory levels; the company's ability to fund its short-term financing needs and to obtain payment for the products that it sells; the effect of weather conditions, natural disasters and accidents on the agriculture business or the company's facilities; and other risks and factors detailed in the company's most recent Form 10-K Report to the SEC. Undue reliance should not be placed on these forward-looking statements, which are current only as of the date of this release. The company disclaims any current intention or obligation to update any forward-looking statements or any of the factors that may affect actual results.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130723006588r1&sid=sfsite1&distro=nxhttp://news.monsanto.com/press-release/usda-deregulates-monsantos-first-generation-drought-tolerant-trait-corn