BASF, Monsanto Plan 2012 Launch of Drought-Tolerant Corn

Kast: Industry’s largest R&D effort. BASF and Monsanto’s previously announced 50-50 partnership has developed a drought-tolerant corn trait that will boost crop yields by 6%-10%, BASF says. The companies plan to launch the corn trait in 2012 for planting in 2013. BASF’s collaboration with Monsanto is the “biggest R&D effort the industry has ever seen,” says Hans Kast, president and CEO of BASF Plant Science. BASF and Monsanto formed the long-term initiative last year to pursue novel genetically modified seeds to increase crop...

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