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Roundup Ready 2 Yield soybeans receive Asian approvals

Roundup Ready 2 Yield soybeans have received final regulatory approval in Japan, the Philippines and Taiwan.

Roundup Ready 2 Yield soybeans are Monsanto's second-generation soybean technology. Officials say the company plans a limited controlled commercial release in 2009 on 1 to 2 million acres. Plans are to follow this with a full-scale launch of Roundup Ready 2 Yield soybeans of 5 to 6 million acres in 2010.

"Given the new global condition of a burgeoning population, increased consumer demand for trans free food products and biofuels, this technology is important as it will allow growers to produce more with less," says Geri Berdak, Monsanto spokesperson.

Monsanto officials say these approvals represent significant progress toward the commercialization of Roundup Ready 2 Yield soybeans.

"Roundup Ready 2 Yield soybeans are poised to deliver a new yield advantage to U.S. farmers and pave the way for the development of stacked-trait offerings in this oilseed crop," says Robert T. Fraley, Monsanto chief technology officer and executive vice president. "Importantly, this new soybean product is expected to offer farmers a novel way to get more yield out of a single acre of land, a critical step as farmers work to meet the growing food and fuel demands of our world."

Last July, Roundup Ready 2 Yield soybeans completed U.S. and Canadian regulatory processes. The product is currently under scientific review by the European Food Safety Authority, as well as regulatory authorities in China and other key export markets.

Roundup Ready 2 Yield soybeans represent the second-generation of the company's Roundup Ready technology. Four years of field comparisons show Roundup Ready 2 Yield soybeans yield seven to 11% over the first-generation Roundup Ready offering, say Monsanto officials.

Monsanto officials say Roundup Ready 2 Yield soybeans will serve as the primary platform for its introduction of new soybean trait technologies, including higher yield, expanded herbicide tolerance, and enhanced oil products. Monsanto expects Roundup Ready 2 Yield soybeans could serve as the platform for up to five new stacked trait offerings in soybeans by 2012.

Roundup Ready 2 Yield soybeans have received final regulatory approval in Japan, the Philippines and Taiwan.

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