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Current Roundup Ready crops include soy, corn (maize), canola, [2] sugar beets, [3] cotton, and alfalfa, [4] with wheat [5] still under development. Additional information on Roundup Ready crops is available on the GM Crops List. [6] As of 2005, 87% of U.S. soybean fields were planted with glyphosate resistant varieties. [7] [8]
In 1996, Asgrow released the first Roundup Ready Soybean to the market building upon Monsanto's work to create petunia plants tolerant to small amounts of Roundup developed by Robert Fraley in 1985. The first season of sales saw over 1 million acres using the new seed and quickly over 80% of US soybeans were produced with the seed. [6]
Farmers who plant such "Roundup Ready" crops are required to sign an agreement with Monsanto stipulating that they will buy new seeds from the company each year, rather than using the products of ...
A genetically modified soybean is a soybean (Glycine max) that has had DNA introduced into it using genetic engineering techniques. [1]: 5 In 1996, the first genetically modified soybean was introduced to the U.S. by Monsanto. In 2014, 90.7 million hectares of GM soybeans were planted worldwide, making up 82% of the total soybeans cultivation area.
Monsanto developed a Roundup Ready genetically modified wheat but ended development in 2004 due to concerns from wheat exporters about the rejection of genetically modified (GM) wheat by foreign markets. [117] Two patents were critical to Monsanto's GM soybean business; one expired in 2011 and the other in 2014. [118]
Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.
Every Roundup Ready soybean in the world has a relative which was genetically transformed at Agracetus. 80% of the world's soybeans are Roundup Ready. Agracetus was founded in 1981 as Cetus Corporation.
Monsanto introduces genetically modified Roundup Ready soybeans that are resistant to Roundup (greatly improving a farmer's ability to control weeds, since glyphosate could be sprayed in the fields without harming their crops). [29] 1996: Acquisitions
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