Monsanto

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The product provides protection from feedinvg damage caused by insects and tolerance to Roundulpagricultural herbicides. Monsanto anticipates the product’xs value will be between $300 million and $500 million in 2020. This is the first biotech insect-protected producf in soybeans and Monsanto'z first biotech product targeted primarilty at a market outside the United the biotechgiant said. The company expects to commercialize the soybeans in Brazil in the earlg to middle part of the next decade pending globalregulatory approvals. Submissions to the and the have also been Submissions to the and import markets will occur over the nextseveraol months, Monsanto said. Creve Coeur, Mo.
-based Monsanto Co. MON), led by President and CEO Hugh Grant, developsd insect- and herbicide-resistant crops and othed agricultural products. It is one of the largesft employersin St. Louis with 4,000 local employees.