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2-Plants: Monsanto's RR Corn 2 technology advances in Europeanregulatory preocess



-------------------------------- GENET-news -------------------------------

TITLE:  Monsanto's RR Corn 2 technology advances in European regulatory
        process
SOURCE: Delta Farm Press, USA
        http://deltafarmpress.com/news/082704monsanto-rr-corn/
DATE:   27 Aug 2004 

------------------- archive: http://www.genet-info.org/ -------------------


Monsanto's RR Corn 2 technology advances in European regulatory process

ST. LOUIS - The European Commission has approved the import, processing
and use in animal feed of Monsanto's NK603 Roundup Ready Corn grain in
the European Union, conditional on pending approval under the EU Novel
Foods Regulation.

Monsanto's NK603 corn, which is designed to be tolerant to glyphosate,
the active ingredient in Roundup agricultural herbicides, is currently
marketed as Roundup Ready Corn 2.

"Monsanto welcomes the Commission's ruling on Roundup Ready Corn 2
technology," says Brett Begemann, executive vice president of
international commercial for Monsanto. "This decision is welcome progress
toward completing the necessary regulatory approvals for Roundup Ready
Corn 2 technology in the EU. We're hopeful this is a signal the European
Communities and its Member States are serious about ending the moratorium
on biotech approvals."

Just hours before the announcement by Monsanto, the Council of Ag
Ministers failed to reach a qualified majority on the use of NK603 corn
and its processed products as foods and food ingredients under the Novel
Foods Regulation. This decision will continue in the regulatory process.

The announced approval does not include the approval of Roundup Ready
Corn 2 for cultivation in the EU, which is the subject of a separate
submission under Directive 2001/18/EC. Monsanto awaits decisions on
separate submissions for its corn trait technologies stacked with NK603 corn.

In mid-July, the Argentine government approved Monsanto's NK603 Roundup
Ready event for planting in that country. The approval ensures Argentine
corn growers will have access to the technology in hybrids as early as
the 2004 planting season and is expected to expand global adoption of the
herbicide-tolerant technology.

Since Roundup Ready Corn technology was first introduced in the United
States in 1998, growers have realized numerous on-farm benefits including
simpler and better weed control. The Roundup Ready system also encourages
the adoption of conservation tillage practices, which reduces soil
erosion, improves water quality and wildlife habitat, while optimizing yields.

The benefits of the technology continue to serve as a primary driver for
adoption. Monsanto's preliminary 2004 sales data suggests acres planted
with Roundup Ready Corn are expanding in the United States; acres planted
are expected to increase for a seventh consecutive season and it is
estimated to be planted on 16 million acres this season, up from 12
million acres last year.

"While we work to complete the remaining steps in the EU process, we
remain focused on making progress in our marketing efforts for Roundup
Ready Corn," says Kerry Preete, vice president of U.S. Crop Production
for Monsanto. "Throughout this season, we're working closely with U.S.
growers and grain elevators to identify the existing domestic market
opportunity for Roundup Ready Corn hybrids marketed under the Market
Choices program," says Preete.

Growers planting Roundup Ready Corn 2 hybrids will need to market the
grain under the Market Choices program until all remaining steps of the
EU regulatory process are completed.

The Market Choices program identifies those hybrids that are fully
approved for food and feed use in the United States and Japan, but are
still awaiting the necessary approvals in the European Union. Growers
that plant Market Choices hybrids must use appropriate markets for this
grain including feedlots, feed mills, on-farm feeding or work with grain
handlers who agree to accept the grain. Growers should contact their
local seed dealers and grain handlers for more stewardship details.

"By continuing the focus on expanding the grower choices for grain
marketability, we believe the U.S. market for Roundup Ready Corn will be
close to 20 million acres in the 2005 growing season, with a longer-term
market potential of 50 million acres," Preete says.

For more information on Monsanto, click on www.monsanto.com




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