What are the prospects for Roundup Ready wheat to make another try?
Monsanto continues to monitor the wheat industry’s interest in and aligned support for biotechnology traits in wheat; however, the company has no active research and development program in wheat at this time. 4 – Should we be concerned that countries we compete with, such as China, Australia or Canada, may commercialize a biotech trait before we do? Whoever has first access to a beneficial trait, regardless of the crop or country, will have an immediate efficiency advantage, which will translate to a competitive advantage in the marketplace. The producer who has the lowest per unit production cost of a given crop always wins. Having said that, we have a mature, structured and more efficient regulatory process and business operating environment than most other major crop producing countries. Our system allows trait developers to move a trait through the commercialization process more quickly than other countries. As producers, we need to monitor and defend our process as the most credib
