Expect at least 20 new bean traits this decade
ST. LOUIS, Mo.—We are in the “Decade of the Bean,” according to Monsanto’s Roy Fuchs, global oilseeds technology lead. “When you look back at this decade in 2022, you will see this decade as a transformational decade not only for Monsanto, but our competitors, too,” Fuchs said.
“To date there have been two traits on the market and by 2020 there will probably have been 10 to 12 biotechnology traits and at least that many breeding traits. So, this really is a transformational period for soybeans,” said Fuchs.
Doubling soybean production by 2030 is necessary to provide needed protein to feed the increasing population and improve the diets of developing countries’ populations. There is a necessity to move from 2000 average yields of less than 40 bushels per acre to 80 bushels per acre by 2030, which is Monsanto’s goal.
Fuchs said he sees increasing yields in three ways—biotechnology, breeding and agronomic solutions. Soybean yields will be improved through “a systems approach” using the three platforms.
- DuPont to sell copper fungicide business assets to Mitsui
- Crop futures diverged from livestock markets Wednesday night
- Be ready for late summer heat
- Farmland price outlook in 2014 and beyond
- Climate change to cut South Asia's growth 9% by 2100
- Tumbling livestock quotes led ag commodites lower Wednesday
- Suspected Bt corn rootworm resistance in Pennsylvania
- No El Niño in 2014? Drought-weary California in trouble
- BioNitrogen to build second fertilizer plant in Texas
- Commentary: Setting the record straight on 'Waters of the U.S.'
- Soybean aphid numbers on the rise
- Agricultural associations respond to government shutdown