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Monsanto’s long-term opportunity and continued growth outlook![qrcode]()
Aug. 21, 2014
Highlighting its innovation advantage and growing global business portfolio at its seventh Whistle Stop event for investors, Monsanto underscored the company’s unique ability to create value as it increases the productivity of farmers while delivering continued business growth.
The company highlighted three key growth platforms that the company expects will contribute more than $1 billion each in total incremental gross profit growth over the next five years.
The Decade of the Soybean
With the progression of significant technology upgrades that target more than 100 million acres of global soybean opportunity through Roundup Ready 2 Yield®, Intacta RR2 PRO™ and the Roundup Ready® 2 Xtend Crop System system, the soybean platform embodies the opportunity of Monsanto’s technology innovation.
With the progression of significant technology upgrades that target more than 100 million acres of global soybean opportunity through Roundup Ready 2 Yield®, Intacta RR2 PRO™ and the Roundup Ready® 2 Xtend Crop System system, the soybean platform embodies the opportunity of Monsanto’s technology innovation.
Breeding-Backed Global Corn Upgrades
One of the largest continuing opportunities is to deliver new value to growers through the annual upgrade of Monsanto’s global corn portfolio with newer, better-yielding offerings. Monsanto remains on track with this portfolio upgrade opportunity, bolstering its mix of new products that drive a steady uplift in its seed germplasm offerings in every major corn-growing market.
One of the largest continuing opportunities is to deliver new value to growers through the annual upgrade of Monsanto’s global corn portfolio with newer, better-yielding offerings. Monsanto remains on track with this portfolio upgrade opportunity, bolstering its mix of new products that drive a steady uplift in its seed germplasm offerings in every major corn-growing market.
Global Corn Footprint Expansion and Portfolio Leverage
Monsanto also is well positioned for global growth from a portfolio of premium-performing corn products globally, ranging from contribution from operational efficiency to the opportunity to become a leading player in expanding markets like Eastern Europe while growing its offerings in its foundation markets.
Monsanto also is well positioned for global growth from a portfolio of premium-performing corn products globally, ranging from contribution from operational efficiency to the opportunity to become a leading player in expanding markets like Eastern Europe while growing its offerings in its foundation markets.
The company’s core business growth is backed by its industry-leading R&D pipeline, where Monsanto’s innovation is unlocking new areas that expand farmers’ tools and create new growth platforms for the business. Among the new platform opportunities featured at the Whistle Stop event:
Stronger-Than-Projected Adoption on The Climate Corporation Platform
Response to the company’s suite of offerings in its Climate Corporation platform has been stronger than originally projected and better than recent updates, with the company reaching more than 50 million acres with its Climate Basic service. The strong farmer response sets the stage for the confidence in the build out of the platform as The Climate Corporation helps create a new unified approach to helping farmers manage information to improve productivity.
Ability to Unlock Microbials through Collaboration with Novozymes
The collaborative approach with Monsanto and Novozymes through The BioAg Alliance brings together two leaders to create the industry’s most advanced microbials platform. With the largest discovery and development engine ever built for microbials, combined with a significant current commercial footprint, The BioAg Alliance has the potential to elevate microbials as a new tool for farmers.
Source: Monsanto news release
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