News
10.03.2010
Monsanto Chief Technology Officer to Discuss Company's Research and Development Efforts to Increase Farm Productivity
Innovation in agriculture has brought improved productivity and new value to farmers, Monsanto Company’s (NYSE: MON) Robb Fraley will tell investors today at the Credit Suisse Global Agrochemicals Conference in London. That value will continue to translate to opportunity for both Monsanto and its farmer customers, Fraley will say. Explaining that this opportunity will stem from Monsanto’s continued ability to offer farmers better products, Fraley will discuss the general landscape for agricultural innovation through technology. As companies across agriculture compete to help farmers meet growing global demand for food and feed, increasing interest in and adoption of biotechnology send a promising signal for agriculture, he will explain. «Success for Monsanto is delivering outstanding seeds and traits that increase productivity on farm, whether that’s through breeding or biotechnology,» Fraley will say. «We’ve talked about growing global demand before, and let me be clear: the question isn’t whether we’ll see the demand we’re expecting, but whether it may in fact be greater. Farmers will be challenged with meeting this demand, and our central focus is on helping them do just that. This isn’t science for science’s sake, but rather for the sake of innovation that creates better yield and real value on the farm.» Earlier this year, Monsanto announced a