Monsanto Aims to Triple Biotech Seed Acreage Outside the U.S.

Monsanto says that it plans to nearly triple its biotech seed acreage to 270 million acres by 2010. Penetration of markets outside of the U.S. will drive growth, the company says. “We believe there is an untapped opportunity to grow our international traits business by approximately another 175 million acres,” says Brett Begemann, executive v.p./global commercial business at Monsanto. “Strong global adoption of our proven traits, coupled with recent approvals, paves the way for expanded growth and sets the stage for new growth as we look to...

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