St. Louis, Missouri
August 31, 2004
Monsanto announced
recently that the company is cutting the list price of its
Roundup Original MAX herbicide significantly for the 2005
season. As part of the announcement, the company also unveiled
an enhanced Roundup Rewards program for growers that utilize
Roundup WeatherMAX® or Roundup Original MAX as part of their
Roundup Ready® Soybean system.
“Monsanto remains focused on providing growers
with products and pest management options that deliver greater
value than any other alternatives,” said John Raines, U.S.
Marketing Lead for Monsanto.
“We’ve strengthened the risk sharing elements of
Roundup WeatherMAX and taken a list price reduction on Roundup
Original MAX so farmers can chose the Roundup-branded product
they want, without sacrificing the proven crop safety, efficacy,
and risk sharing benefits they’ve come to expect with a Roundup
brand,” Raines said.
The new lower list price for Roundup Original MAX
coupled with the enhanced elements of the Roundup Rewards
program is expected to provide an attractive alternative to
growers who have been using generic glyphosate products but
value the risk-sharing, reliability and consistency of Roundup®
agricultural herbicides.
Raines also noted that the changes mean that
soybean growers will have the opportunity to have similar system
cost per acre, year on year, when purchasing Roundup Ready
soybean trait and Roundup Original MAX.
“The Roundup Ready system has changed the way
soybeans are grown and offers a more economical approach to weed
control,” Raines notes. “The Roundup Ready system allows farmers
to grow more acres with less labor and equipment while providing
greater weed control and crop safety than any other weed
management program.”
For nearly a decade, the Roundup Ready system has
offered growers unsurpassed weed control, greater convenience
and maximum yield potential. As a result, nine out of 10
growers today choose the Roundup Ready system for their soybean
crop.
Raines said since Roundup Ready Soybeans were
introduced in 1996, total soybean weed control input costs have
declined by over $10 per acre. The technology has also doubled
the acres where conservation tillage practices are being used,
allowing farmers to better steward the land, improve soil
quality, reduce erosion and better optimize their use of natural
resources, he said.
“From an economic standpoint, U.S. soybean
growers have realized over $1 billion in added value since
1995,” Raines said. “Using the Roundup Ready Soybean system and
Roundup agricultural herbicides, soybeans yielded an average 2.6
bushels per acre more than soybeans with a conventional
herbicide system.”
2005 Roundup Rewards Program Is Enhanced
Monsanto has enhanced the 2005 Roundup Rewards
program for growers that utilize Roundup WeatherMAX or Roundup
Original MAX as part of their Roundup Ready Soybean system.
Monsanto has expanded the trait replant and crop loss protection
for growers that use Roundup Original MAX. Monsanto has also
improved the value of the Roundup Rewards program for Roundup
WeatherMAX users by enhancing the trait replant and crop loss
protection, volunteer corn and respray elements.
Roundup Original MAX
Roundup Original MAX was first introduced in
2004. Roundup Original MAX offers proven, reliable weed control,
trusted performance in a highly concentrated formulation.
Monsanto Company is a leading global provider of
technology-based solutions and agricultural products that
improve farm productivity and food quality.
Roundup®,
Roundup Original® MAX and Roundup Ready® are registered
trademarks of Monsanto Technology LLC. |