St. Louis, Missouri. USA and Ludwigshafen, Germany
January 8, 2013
Monsanto’s (NYSE: MON) annual research and development (R&D) update highlighted project advancements across the company’s breeding, biotechnology, and improved agronomics platforms, all aimed at sustainably maximizing farmer productivity while conserving resources like water and land. Monsanto has a pipeline of exciting products in development, including yield and stress work in collaboration with BASF Plant Science. This yield and stress collaboration focuses on key row crops with investments of $2.5 billion over the life of the collaboration.
Drought-Tolerant Corn (Launched) – Collaboration between Monsanto and BASF
During the annual R&D update, Monsanto highlighted the launch of Genuity® DroughtGard™ Hybrids, developed in collaboration with BASF. This drought-tolerant corn system is designed to enhance yield stability when water is limited, providing farmers in tough environmental conditions with an opportunity to improve yield and consistency.
DroughtGard™ Hybrids demonstrated strong performance in 2012 Ground Breakers® trials, with projected commercial products showing a yield advantage of more than 5 bushels per acre over competitive hybrids in the Western Great Plains.
Monsanto will introduce Genuity® DroughtGard™ Hybrids in the Western Great Plains for the 2013 growing season under stewardship requirements due to pending import approvals in key export markets. These hybrids combine germplasm selected for its drought-tolerant characteristics through breeding, the drought-tolerant biotechnology trait and agronomic recommendations. Genuity® DroughtGard™ Hybrids are the first commercial product launch from the Monsanto and BASF Plant Science yield and stress collaboration. Visit http://www.genuity.com/corn/Pages/Genuity-DroughtGard-Hybrids.aspx to learn more.
Information for Investors
Slides are posted online at http://www.monsanto.com/investors/Pages/presentations.aspx.
Topics
Species
