As the world’s leading technology company exclusively
focused on agriculture, yield is fundamental to our business.
Actually, it’s what our business is all about. That is why we
have guided ourselves with a simple yet critically focused
business philosophy: More demand requires more yield,
more yield requires more innovation, and more innovation
delivers more growth, for farmers and shareowners alike.
Our technology and our research are directed squarely at increasing, preserving and enhancing yield. This focus on yield helps smooth out the peaks and valleys for farmers and enables Monsanto to deliver performance for shareowners throughout various economic cycles.
So, while we can’t control weather, planted acreage or commodity prices, we do control the factors that truly feed our business, wrapped in a climate of long-term global grain demand. Our ability to do so in fiscal 2009 will be a direct function of our ability to execute on our growth priorities: