Biotech Updates

Argentina Approves First Stacked Transgenic Corn Variety

September 7, 2007

The Argentine Secretariat of Agriculture, Livestock, Fisheries and Food has approved Monsanto Company’s bundled transgenic corn seed variety, containing the borer protection trait YieldGard® with Roundup Ready® Corn 2 technology, for planting in the 2007-08 season. The bundled trait approval, which marks the first for Argentina, was issued after a product safety scientific review conducted by the country’s regulatory bodies Conabia and Senasa.

 “We're pleased with the decision of the Argentina Agriculture Secretary," said Brett Begemann, Executive Vice President of International Commercial for Monsanto Company. "This approval represents a new opportunity for farmers to access more benefits in one seed while lowering their costs of production and increasing their yields. The approval also adds a new value opportunity for Monsanto in a key, expanding corn market in Latin America." The new variety is expected to boost yield up to 5-7 percent, as the corn borer infests more than 80 percent of the corn acres in Argentina.

Read more at http://monsanto.mediaroom.com/index.php?s=43&item=522