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The American Soybean Association (ASA) is pleased that final regulatory approval has been received in China for the importation of Monsanto's second generation Roundup Ready soybean called Roundup Ready 2 Yield, also known as event MON 89788, which Monsanto anticipates bringing to the U.S. market in 2009.
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Troy says there's a plan in place to distribute out different varieties to various regions based on maturity, soybean volume and demand of the current Roundup Ready line.
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By using Roundup Ready soybean seeds, a farmer can spend less time tending to his fields.
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Over 90% of America's soy is patent protected, fee based Roundup Ready variety.
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Syngenta President David Morgan said late last year that his company - represented in Iowa by NK, Garst and Golden Harvest brands - has licensed Roundup Ready and its newer generation Roundup Ready 2 traits for its Agrisure and future Viptera seed lines.
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The company said the three-year rolling average yield benefit of the Roundup Ready 2 yield was 3.6 bushels or more than 7 percent when compared to original Roundup Ready soybean offerings sold by competitors.
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Monsanto said the Roundup Ready 2 Yield won 73 percent of F.I.R.S.T. trials, conducted in
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The company's Roundup Ready gene was in 93 percent of U.S. soybeans last year.
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Monsanto also has begun switching seedmakers and growers from Roundup Ready soybeans to the newer Roundup Ready 2 Yield version in advance of the original's patent expiration in 2014.
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Soybean farmers, be ready for higher yield potential and better performance when planting Roundup Ready 2 Yield soybeans on your operation.
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