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Posted Thu Jan 8 2009: from
Reuters:
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Monsanto seeks FDA approval for drought-tolerant corn http://apocadocs.com/s.pl?1231438596
KANSAS CITY, Missouri (Reuters) - Monsanto Co said Wednesday it filed for U.S. regulatory approval for what could be the world's first drought-tolerant corn, a product that agricultural companies around the globe are racing to roll out amid fears of global warming and the needs of a growing population.
Monsanto said it submitted its product to the U.S. Food and Drug Administration for regulatory clearance. It is working with German-based BASF on the project.
The two companies are jointly contributing $1.5 billion to a venture aimed at developing higher-yielding crops and crops more tolerant to adverse environmental conditions, such as drought, which has eroded production in countries around the world in recent years.
"It's been everybody's dream to have a drought-tolerant crop," said Iowa State University agronomist Roger Elmore, though he pointed out advantages would vary widely depending on geography.
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[Read more stories about:
GMOs, food safety, technical cleverness]
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Dan says: "This might actually be a good thing, as the Southwest becomes drier with global warming."
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