August 23, 2010

Insect-protected Roundup Ready 2 Yield soy achieves important milestone toward commercialisation in Brazil 
 

Monsanto confirmed that at the National Technical Biosafety Committee (CTNBio) meeting in Brazil, the committee approved Monsanto's Bt Roundup Ready 2 Yield® soy product for planting in Brazil.

This is an important step toward the Brazilian commercialisation of the first biotechnology trait Monsanto has developed specifically for a non-US market.

"This is an important product for Brazilian soy farmers because it protects against insects that cause significant economic loss in soy production in Brazil, and provides the increased yield provided by the Roundup Ready 2 Yield trait," said Roy Fuchs, oilseed technology lead for Monsanto.

Submissions to key soy export markets continue in regulatory review. The company will commercialise Bt Roundup Ready 2 Yield soy in Brazil upon completion of global approvals in key export markets.