Monsanto to Commercialize First Biotech Insect-Protected Soybean in Brazil

The stacked trait insect-protected Roundup Ready 2 Yield™ soybeans is planned to be commercialized by Monsanto in Brazil, a Monsanto press release said. Monsanto has completed all regulatory submissions in Brazil and the new genetically modified soybean variety is expected to be commercialized in Brazil early the next decade. "We expect this product to provide a step change for Brazilian soybean farmers by protecting against insects that cause significant economic loss combined with the increased yield provided by the Roundup Ready 2 Yield trait, which was introduced commercially this year in the United States," said Roy Fuchs, oilseed technology lead for Monsanto. "Better insect control can help reduce pesticide applications and offer farmers yield protection, thus helping agriculture meet the food, fuel and fiber needs of a growing population," he added.

Submissions to the U.S. Department of Agriculture, the U.S. Food and Drug Administration have been completed, and submissions to the U.S. Environmental Protection Agency and key import markets will occur over the next several months.

For details see press release at: http://monsanto.mediaroom.com/index.php?s=43&item=717