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MnSP to contract for 50,000 acres of VISTIVE beans

Minnesota Soybean Processors (MnSP) will be a participating processor of Monsanto's VISTIVE low-linolenic soybeans in 2006. The processor will contract with growers in southwestern Minnesota, northwestern Iowa and southeastern South Dakota for up to 50,000 acres of VISTIVE soybean production. The company will pay a premium to producers who grow the beans under contract, then will process the beans into oil at its Brewster, Minnesota plant.

Specific information regarding grower opportunities and contract details will be available from MnSP in the near future, according to a release from the companies.

"We contracted all available VISTIVE soybeans in 2005, so we know that this product is in demand," said Ernesto Fajardo, Vice President of U.S. Crop Production for Monsanto.

"We are very pleased to partner with Minnesota Soybean Processors to ensure a successful expansion of VISTIVE soybeans in 2006. VISTIVE not only supports growing consumer demand for healthier foods, but also represents an important investment in the future success of the U.S. soybean industry."

Monsanto says it expects that VISTIVE soybeans will be grown on nearly 500,000 acres in 2006.

Learn more about Minnesota Soybean Processors at mnsoy.com

Minnesota Soybean Processors (MnSP) will be a participating processor of Monsanto's VISTIVE low-linolenic soybeans in 2006. The processor will contract with growers in southwestern Minnesota, northwestern Iowa and southeastern South Dakota for up to 50,000 acres of VISTIVE soybean production. The company will pay a premium to producers who grow the beans under contract, then will process the beans into oil at its Brewster, Minnesota plant.

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