Soybean growers have been speaking out and wanting better soybean technology in their fields. Well, Monsanto thinks it has the answer with its second-generation soybean technology, Roundup Ready 2 Yield.
Today, Monsanto announced it received import regulatory approval from Japan, the Philippines and Taiwan. This is great news for the company and farmers because this means the new soybean technology is one step closer to growers fields. That also means growers are one step closer to having improved soybean yields (Monsanto says Roundup Ready 2 Yield has the yield potential for a 7-11% per bushel yield increase). Here's what Monsanto had to say:
Monsanto's Roundup Ready 2 Yield Soybeans Receive Key Approvals In Asian Countries
ST. LOUIS, Feb. 5 /PRNewswire-FirstCall/ -- Monsanto Company (NYSE: MON) announced today that it has received final regulatory approval in Japan, the Philippines and Taiwan for its second-generation soybean technology, Roundup Ready 2 Yield™ (MON 89788). These approvals represent significant progress toward the commercialization of this new higher-yielding soybean technology.
"Roundup Ready 2 Yield soybeans are poised to deliver a new yield advantage to U.S. farmers and pave the way for the development of stacked-trait offerings in this oilseed crop," said Robert T. Fraley, Ph.D., chief technology officer and executive vice president of Monsanto Company. "Importantly, this new soybean product is expected to offer farmers a novel way to get more yield out of a single acre of land, a critical step as farmers work to meet the growing food and fuel demands of our world."
It looks like it's a whole new ballgame for soybean growers thanks to Monsanto!
1 comments:
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