St. Louis, Missouri
August 9, 2005
Soybean Variety Provides a Trans
Fat Solution to the Food Industry
Monsanto announced today
that CHS will be a
participating processor of Monsanto’s VISTIVE™ low-linolenic
soybeans in 2006 and will market VISTIVE oil for use by the food
industry. VISTIVE low-linolenic soybeans will reduce or
eliminate the need for partial hydrogenation of soybean oil,
helping food companies reduce the presence of trans fatty acids
(trans fats) in their products.
VISTIVE
soybeans, developed through conventional breeding, contain less
than 3 percent linolenic acid as compared to the typical 8
percent level found in traditional soybeans. The result is a
more stable soybean oil, with less need for hydrogenation.
Because soybeans with a lower linolenic acid level reduce the
need for partial hydrogenation, their application in processed
soybean oils will reduce the presence of trans fats in processed
soybean oil.
The
development of VISTIVE is significant because, beginning Jan. 1,
2006, all food products and dietary supplements bearing a
nutritional facts panel that are regulated by the U.S. Food and
Drug Administration and sold in the United States will be
required to list trans fat content.
"This is an
innovative business solution for our food-grade oils customers,"
said Jay Debertin, Executive Vice President, CHS Processing.
"But it is also an excellent example of creating a new market
value for soybeans, which is what today’s producers are looking
for. CHS is excited to participate in a program that helps move
soybeans higher up the value chain in today’s market."
"We
contracted all available VISTIVE soybeans in 2005, so we know
that this product is in demand. We are very pleased to partner
with an industry leader like CHS to ensure a successful
expansion of VISTIVE soybeans in 2006," said Kerry Preete, Vice
President of U.S. Crop Production for Monsanto. "VISTIVE not
only supports growing consumer demand for healthier foods, but
also represents an important investment in the future success of
the U.S. soybean industry."
Monsanto
expects that VISTIVE soybeans will be grown on nearly 500,000
acres in 2006. VISTIVE soybeans have the Roundup Ready® trait
and maintain performance parity with leading soybean varieties.
For 2006, VISTIVE will be available in Monsanto’s Asgrow® brand,
as well as Stine®, Prairie™ Brand Seed. Latham® Seed, Kruger™
Seed Company, Croplan Genetics®, FS HiSOY®, LG® Seeds, Producers
Hybrids®, Midwest Seed Genetics®, Crow's® and NC+® seed brands.
CHS will
process contracted VISTIVE soybeans at its plant in Fairmont,
Minnesota.
CHS is a diversified energy, grains and foods
company committed to providing the essential resources that
enrich lives. A Fortune 200 company, CHS is owned by farmers,
ranchers and cooperatives from the Great Lakes to the Pacific
Northwest and from the Canadian border to Texas, along with
thousands of preferred stockholders. CHS is listed on the NASDAQ
at CHSCP.
Monsanto Company (NYSE: MON) is a leading global
provider of technology-based solutions and agricultural products
that improve farm productivity and food quality. For more
information on Monsanto, see:
www.monsanto.com.
Asgrow®, Roundup Ready® and VISTIVE™, Crow’s®,
NC+® and Midwest Seed Genetic® are trademarks of Monsanto
Technology LLC or of a Monsanto affiliated company. All other
trademarks are the property of their respective owners. ©2005
Monsanto Company. |