Replies to post #105384 on Biotech Values

[RockRat]

Supposedly (source is a pay for info one) another issue was Nufarm 2010 North American glysphosphate sales were down 44% due to weather, deflation, and competition. Though it came across my radar, I don't follow the company, so I just threw it out there. But no one here seems to be picking up on it, so I thought I'd mention it one more time. Can't vouch for its accuracy or novelty.

Regards, RockRat (who really must go do other things now, will check back this evening)

[DewDiligence]

EPA clears MON’s SmartStax Refuge-in-a-Bag:

http://finance.yahoo.com/news/Monsanto-Completes-US-prnews-3574354751.html?x=0&.v=1

This product, officially called Genuity® SmartStax® RIB Complete™, allows SmartStax corn growers to comply with government regulations without having to plant a separate insect refuge, which greatly simplifies the farmer’s work. Pending state approvals, it will be launched in the 2012 growing season.

A bag will consist of a 95/5 mix of SmartStax seed and conventional seed (the implicit “refuge”), which is the same ratio that has been required when SmartStax has been used with a physical refuge.

SmartStax RIB will be MON’s top-of-the-line product for the main US corn belt in the Midwest. From a revenue standpoint, it is probably the most consequential new product in MON’s entire pipeline, so today’s announcement is a pretty big deal.

MON is also seeking regulatory approval for a refuge-in-a-bag version of VT Double Pro corn for the Western US market where the corn rootworm is not a problem (#msg-51842878).

For the reason given in a prior quiz on this board (but never officially acknowledged by the company), MON is not developing a refuge-in-a-bag version of VT Triple Pro corn for the Southern US market (#msg-51033222).

MON’s competitor, DuPont, does not yet have a refuge-in-a-bag product to compete with MON’s SmartStax. That’s because DD’s RIB product, called AcreMax 1, lacks protection for above-ground insects (#msg-49509446).