Biotech Values

[DewDiligence]

USDA Clears MON’s High-Omega-3 Soybeans for Commercial Planting

[The FDA previously granted GRAS status for this product (#msg-43578211), so USDA approval was the last step before commercialization. Please see #msg-45261598 for background info. DD has a loosely competing soybean product called Plenish (#msg-51061480).]

http://www.bloomberg.com/news/2012-07-13/monsanto-s-healthy-oil-soybean-cleared-for-planting-usda-says.html

›By Jack Kaskey - Jul 13, 2012

Monsanto Co. (MON), the world’s biggest seed company, received clearance from the U.S. Department of Agriculture to begin selling a genetically modified soybean that the company says produces healthier cooking oil.

The seed was deregulated because it’s unlikely to pose a plant-pest risk, the USDA said today on its website. The oilseed contains 20 percent to 30 percent stearidonic acid, an alternate source of omega-3 fatty acids found in fish and leafy vegetables, according to the agency’s assessment.‹