Monsanto technology completes regulatory process
July 31, 2007
by Eric Schroeder
ST. LOUIS — Monsanto Co. announced its Roundup RReady2Yield soybeans have completed the regulatory process in both the United States and Canada, a move the company said "marks an important building block for the future introduction of Monsanto’s portfolio of soybean technologies for U.S. soybean farmers."
"We believe this next-generation soybean technology represents a new opportunity for us to set the bar higher while continuing to deliver new value to farmers," said Robb Fraley, chief technology officer and executive vice-president, Monsanto. "Roundup RReady2Yield is certainly a centerpiece technology within our soybean pipeline and one that we’re looking forward to delivering to U.S. soybean farmers."
According to Monsanto, the new Roundup RReady2Yield soybean technology can deliver a yield advantage of 7% to 11% over its first-generation Roundup Ready counterpart. In addition, the company said the technology will serve as a base from which Monsanto will introduce its portfolio of next-generation technologies in soybeans — including enhanced oil products and higher- yielding traits.
Roundup Ready soybeans were first introduced to U.S. soybean farmers in 1996.