Drought-Tolerant Corn Coming
Thu May 23, 2013 02:37 PM CDT

SINGAPORE (Dow Jones) -- Global crop protection companies BASF SE and Monsanto Co. plan to commercially launch a drought-tolerant variety of genetically modified corn in the U.S. next year, a senior BASF official said Thursday.

"We are working with Monsanto to develop a new GM corn variety, which is currently under trial and expected to be ready for launch next year," BASF's president for crop protection, Markus Heldt, said on the sidelines of a conference on food security.

The two companies have a revenue sharing arrangement, with 60% of revenue going to Monsanto and the rest to BASF, Heldt said.


Quick View
Related News Stories
Senators Elevate Biotech Talk
Dr. Dan Talks Agronomy
Attorneys Dive Into Corn Case
Rootworm Shows Up Late Season
Syngenta Attorney Details Case
Pre-Order Opportunities
MIR 162 Litigation Update
Crop Tech Corner
Silent Biotech Dialogue
Dr. Dan Talks Agronomy