Print This PageGlobal Soybean Business
The big event here is the upcoming release of our game-changing Roundup Ready 2 Yield soybean technology in the United States and Canada in 2009. In four years of testing, Roundup Ready 2 Yield soybeans have demonstrated a consistent yield advantage of 7 percent to 11 percent over Roundup Ready soybeans. The four-year average yield increase of Roundup Ready 2 Yield over its first-generation counterpart was 9 percent. Through our controlled commercial release, we expect to have 1 million to 2 million U.S. acres in 2009 with a full launch of 5 million to 6 million U.S. acres in 2010. We also received regulatory approvals for import of Roundup Ready 2 Yield in China, Mexico, New Zealand, Australia, Japan, the Philippines and Taiwan. Brazilian farmer interest in our Roundup Ready soybeans continued to be robust, planting the technology on 54 percent of acres, up from 51 percent in the prior year.
Monsanto’s Dan Emmert (above) displays our
Roundup Ready 2 Yield technology.
Soybeans — We expanded the potential availability of our Roundup Ready 2 Yield soybean technology by granting a global royalty-bearing license to Syngenta for use across its soybean seed brands. Monsanto now estimates the product could be used on 45 million to 55 million U.S. acres, a 10 percent increase over original projections.
