Thursday, March 14, 2013

Monsanto launching drought-resistant product line - St. Louis Business Journal

Monsanto launching drought-resistant product line - St. Louis Business Journal

Monsanto plans to launch its first drought-resistant products in the western Corn Belt this year, President and Chief Commercial Officer Brett Begemann said at a recent industry conference.

Monsanto currently is testing the new products in Illinois, and if the tests are successful, the products will be made available to more farmers, Begemann said during the Global Agribusiness Summit in Decatur, the Herald-Review reports. The western Corn Belt includes states such as Nebraska, North and South Dakota, Minnesota and Iowa.

Creve Coeur-based Monsanto has $13.5 billion in revenue.

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