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Drought-Tolerant Corn (Launched) - Collaboration between Monsanto and BASF Genuity(R) DroughtGard(TM) Hybrids is Monsanto's drought-tolerant corn system developed as part of a joint R&D collaboration with BASF on yield and stress. Monsanto will introduce Genuity(R) DroughtGard(TM) Hybrids in the Western Great Plains for the 2013 growing season under stewardship requirements pending import approvals in key export markets. Genuity(R) DroughtGard(TM) Hybrids combine germplasm selected for its drought-tolerant characteristics through breeding, the drought-tolerant biotechnology trait and agronomic recommendations. In the 2012 growing season, Genuity(R) DroughtGard(TM) Hybrids experienced strong performance in trials, with commercially projected products showing a yield advantage of more than 5 bushels per acre over competitor hybrids.

Breeding Platform

Goss's Wilt Resistance in Corn (Advanced to Phase 3) Goss's Wilt, caused by a bacterium that reduces yields in the Western Great Plains and expanding areas, affects approximately 30 percent of U.S. corn acres and can impair yields greater than 60 bushels per acre. The Goss's Wilt Resistance project would enhance disease resistance against Goss's Wilt in corn crops.

Root Knot Nematode Resistance in Cotton (Advanced to Phase 4) Root Knot Nematode Resistance technology in cotton can reduce root knot nematode populations by 60 percent. When combined with seed treatments, the system can provide enhanced seedling vigor, resistance management, and season-long protection against root knot nematodes. These new cotton varieties would offer more uniform, stable growing performance than is currently available.

Phytophthora Root Rot Resistance in Soybeans (Launched) In field-testing, Genuity(R) Roundup Ready 2 Yield(R) Phytophthora Root Rot soybean varieties with double gene stack showed a significant yield advantage over the competition, providing enhanced season-long protection against the diverse pathogen strains of the second-most impactful soybean disease in the U.S.

Performance Series(TM) Broccoli (Launched) Unlike ordinary broccoli, the crown in Performance Series(TM) Broccoli extends even with the leaf canopy. The stem is clean without large leaves to remove. The crowns mature uniformly, requiring fewer passes through the fields at harvest which makes them easier for farmers to harvest.

Agricultural Biologicals Platform

BioDirect(TM) Technology Virus Control (Advanced to Discovery) Leveraging Monsanto's core capabilities in genomics, BioDirect(TM) Technology Virus Control could significantly reduce the impact of viruses across a broad range of crops.

BioDirect(TM) Technology Insect Control (Advanced to Discovery) Early testing indicates BioDirect(TM) Technology Insect Control could provide specific and precise protection against insect pests that significantly impact the health of a farmer's crop.

BioDirect(TM) Technology Glyphosate-Resistant Weed Control (Advanced to Phase 1) BioDirect(TM) Technology Glyphosate-Resistant Weed Control has the potential to be a game changer for managing weeds that have developed glyphosate resistance. Early testing indicates that BioDirect(TM) technology can be used with glyphosate to target weeds and provide a broader spectrum of control on problem weeds.

Agronomic Solutions Platform

Nematicide Chemistry (Advanced to Phase 3) Monsanto's nematicide chemistry would provide farmers with an additional tool to control pressure from multiple nematode species, one of the largest pest problems in agriculture.

Improved Dicamba Formulation (Advanced to Phase 4) The Improved Dicamba Formulation, a complementary component of the Roundup Ready Xtend Crop System, would control resistant and tough to control weeds with a dual-mode-of-action herbicide. The new low-volatility dicamba/glyphosate premix candidates could be used before, during and after planting with Roundup Ready Xtend Crops.

Additional Resources

-- A video highlighting Monsanto's approach to driving yields is available at www.monsanto.com/pipeline.

-- Materials related to today's earnings call, which includes the annual pipeline update, may be accessed by visiting the investor section of Monsanto's website at www.monsanto.com/investors.