November 29, 2012
Strong 2012 harvest results confirm Monsanto's position as industry yield leader
Despite one of the most difficult growing seasons on record, final harvest data for the 2012 US growing season confirms Monsanto Company corn and soy products maintained a significant yield advantage compared to competitors.
Chief Technology Officer Robb Fraley told investors on Wednesday (Nov 28) at Citi's Fifth Annual Basic Materials Symposium in New York. Highlighting the expansion and integration of the company's research and development platforms, Fraley noted Monsanto is uniquely positioned to deliver the best total yield package for farmers.
Fraley presented final 2012 harvest results, highlighting updated yield data for the company's corn platform, Genuity® Roundup Ready 2 Yield® soy performance data and new results from its Integrated Farming Systems™ on-farm research.
"Monsanto is committed to developing innovative, sustainable agriculture products that deliver outstanding yield," Fraley said.
The company expects the Genuity® Roundup Ready 2 Yield® platform growth to continue, with another step up in total acres in 2013. Fraley added that the soy platform is set to deliver more growth in the coming years, including the addition of both Intacta RR2 PRO™ and Roundup Ready® 2 Xtend soy, each representing a significant global opportunity.
Fraley also highlighted final corn harvest data for the 2012 growing season, which reinforces Monsanto's long-standing yield advantage. In 2012, DEKALB® germplasm maintained its historical advantage relative to competitive products, outperforming all competitors with an average 8.3 bushels per acre yield advantage.
Fraley also cited the company's progress in its newest technology platforms, including Integrated Farming Systemsâ„¢. Fraley noted that Monsanto's Integrated Farming Systemsâ„¢ platform utilises the company's unique understanding of hybrid and variety performance to develop planting prescriptions that can help maximise the yield potential in every seed.
