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Benefits of New Seed 06/08/09 3:42:14 PM
Convenience
- Highest quality and highest yielding product vs. bin-run
- Meets quality standards of seed company
- Professionally handled and rigorously tested
- Dramatically reduces splits and foreign matter
- Ensures varietal purity
- Germination tests to ensure peace of mind
- Weed-free
- Reliable seed supply in many maturities
- Access to the most elite germplasm
Economics of New Seed vs. Bin-Run
- Income lost by not selling as commodity grain (e.g. 1 bushel of bin-run seed multiplied by the price of a soybean bushel)
- Average loss of ~ 10-15% cleanout at harvest for bin-run seed
- Handling and transportation costs for bin-run (approx. $.35-$.75/bushel)
- Bin-run planting rates are generally 15% higher than new certified seed
- New seed yields an average of 1.8 bushel/acre more than bin-run (University yield trials range from 1.2-5.9 bushel/acre)
Limited Warranty Benefits
- Dealer agronomic support before and after the sale
- Risk management benefits of Roundup Rewards (over $600 million paid to growers since 1997)
New Innovations
- Royalties provide research and development of new traits and higher yielding germplasm
- Monsanto invests over $700 million per year on research and development
- New trait introductions
- 7-9 years from commercialization
- $50-$100 million in total costs for a new biotech trait
- Seed companies and Monsanto are committed to our customers' success
No Saved Seed:
- Seeds containing the Roundup Ready trait or the Roundup Ready 2 Yield trait are protected under numerous United States patents, including Patent No. RE39,247. It is unlawful to save Roundup Ready or Roundup Ready 2 Yield Soybeans for planting or transfer to others for use as planting seed.
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