Evolving Business Strategies to Utilize Development in Biotechnology Supporting Long-Term Production of Adequate Supplies of High-Quality Food for the World

with reference to products and future trends, describing some of the new technologies and what they will mean to the farmer and to the industry as a whole. In common with other companies, we at Monsanto realize the need to contribute to the feeding of two billion more people over the next 20 to 30 years, while respecting the environment. To rely on the methods of increasing food production that were used over the past two to three decades would be detrimental to the environment and, therefore, not sustainable in the long term. Moreover, we anticipate that increasing demands for improved food quality will influence what agricultural products reach the market place.