ST. LOUIS -- Mexico, a major importer of U.S. corn grain and dried distillers grains, has given full regulatory authorization for importation of grain from three Monsanto Co. corn traits: Genuity SmartStax, Genuity VT Triple PRO and Genuity VT Double PRO.
The approvals by Mexico for Genuity SmartStax and Genuity VT Triple PRO are the final major global regulatory import approvals necessary to enable U.S. and Canadian farmers who plant these corn trait technologies to fully market their grain in 2010, the company said. Additionally, farmers who planted Genuity VT Triple PRO as part of a limited commercial demonstration in 2009 may now fully market their grain.
Genuity SmartStax and Genuity VT Triple PRO have regulatory authorizations in the U.S., Canada, Japan and Korea, among other countries, Monsanto notes. Genuity VT Double PRO has full regulatory approval in the U.S., Canada and Japan. Monsanto anticipates approval in Korea for Genuity VT Double PRO during the 2010 growing season.
The Genuity brand is Monsanto's system of traits under one platform, making it easier for farmers to select the traits best suited for their farms.
"Farmers who plant these innovative technologies are the real winners here," said Jerry Hjelle, Monsanto vice president of global regulatory. "Increasing global demand for corn grain means they need to get more from every acre. These demands will be met through corn products that improve yield and reduce resource use such as Genuity SmartStax, Genuity VT Triple PRO and Genuity VT Double PRO."
Monsanto plans to launch Genuity SmartStax across all of its brands on more than 4 million acres in 2010.
SmartStax is the outcome of a cross-licensing agreement and research and development collaboration between Monsanto and Dow AgroSciences LLC, a wholly owned subsidiary of the Dow Chemical Co. The technology is the result of best-in-class trait integration that combines each company's industry-leading corn traits to provide growers the broadest spectrum of above- and below-ground protection against pests and weeds, company officials said.
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