Drought Tolerance Trait Granted Import Approval by China

As part of a broader series of approvals - China has granted full regulatory import authorization for Monsanto's biotechnology trait in Genuity DroughtGard Hybrids. Lisa Safarian - U.S. Row Crops Lead for Monsanto - says the import approval of this trait is great news for U.S. farmers. With full import approvals in key export markets - Safarian says farmers can market their grain more broadly this year and plant with confidence in 2014. She says this approval also provides expanded access to another tool that can help farmers more sustainably manage their risk.

More than 250 farmers in the Western Great Plains planted DroughtGard Hybrids as part of Monsanto's Ground Breakers program in 2012. This year - the product was introduced in the Western Great Plains under stewardship requirements. Those farmers purchasing DroughtGard Hybrids for planting in 2013 signed a grain stewardship agreement committing to use the grain as on-farm feed or to sell the grain for domestic use due to pending import approvals in key export markets. China's approval means Monsanto will remove the grain stewardship requirements and grain will no longer be required to remain in the domestic market.

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