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Monsanto lowers its 2011 trait prices
Sep. 8, 2010
Red River Farm Network reports:
Monsanto is readjusting its trait prices for the 2011 selling season.
SmartStax corn seed will be priced at a $20 premium to the existing triple-stack, down from a $60 premium this year.
The premium for Roundup Ready 2 Yield soybeans will be in the $5 to $6 range, down from $20 this year.
Monsanto is also dropping the requirement that farmers purchase a seed treatment for the crop.
Source: Red River Farm Network
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