Monsanto Announces Commitment To Invest An Acre Program

           Monsanto Announces Commitment To Invest An Acre Program

The company will invest $3 million to fight rural hunger

PR Newswire

ST. LOUIS, Oct. 16, 2012

ST. LOUIS, Oct. 16, 2012 /PRNewswire/ --In keeping with the company's
commitment to sustainable agriculture and improving lives, Monsanto Company is
partnering in Invest an Acre, which is focused on addressing rural hunger in
America.

In partnership with the Howard G. Buffett Foundation, Feeding America and
Archer Daniels Midland Company (ADM), Monsanto is proud to be the first seed
company to join the program and match the contributions of U.S. farmers who
are working to fight hunger in their own communities.

The Invest an Acre program is the first effort of its kind to mobilize
farmers, agri-business and a nonprofit on a national scale to support rural
hunger relief. Through the program, participating farmers can go to an ADM
elevator to invest a portion of the proceeds from their harvest to support
their local food bank connected with Feeding America.

Monsanto will support Invest an Acre through a $3 million contribution, in
which the company will match the contributions of U.S. farmers, dollar for
dollar.

"We are proud to support this program and dedicated to reducing hunger in our
rural communities," said Jerry Steiner, Monsanto executive vice president,
sustainability and corporate affairs. "Monsanto is strongly committed to
farmers and their communities. Without the support of farmers and their
efforts to feed a growing population, meeting the needs of the hungry would
not be possible."

Even though America's farmers are among the most productive and efficient in
the world, hunger is still a significant problem in America. Nearly 15 percent
of all rural households are regularly without food – that's around 3 million
households in the very communities where much of the world's food supply is
raised. In addition, one out of every six people goes hungry regularly in the
United States.

In addition to the $3 million commitment, Monsanto employees around the
country are volunteering at their local food pantry during November and
February. More than 70 Monsanto sites have pledged to volunteer at local food
banks and assist their communities in feeding the hungry.

Monsanto is a consistent supporter of America's farmers and addressing the
nation's hunger problem. For the past three years, the company has held
dedicated food drives to support area food banks during the Farm Progress and
Husker Harvest Day shows. These food drives have generated approximately
80,000 pounds of food for families in need. In addition, through Monsanto's
America's Farmers Grow Communities program, Monsanto has provided farmer
recipients with more than $300,000 that has gone towards more than 120 food
banks and food pantries within rural communities. You can find out more about
Monsanto's commitment to fighting rural hunger at Monsanto.com.

About Monsanto

Monsanto Company is a leading global provider of technology-based solutions
and agricultural products that improve farm productivity and food quality.
Monsanto remains focused on enabling both small-holder and large-scale farmers
to produce more from their land while conserving more of our world's natural
resources such as water and energy. To learn more about our business and our
commitments, please visit: www.monsanto.com . Follow our business on Twitter®
at http://www.twitter.com/MonsantoNews, on the company blog, Beyond the Rows
at www.monsantoblog.com, or subscribe to our News Release RSS Feed .

Contact: Kathleen Manning (314-694-4554)
         Kathleen.manning@monsanto.com 

SOURCE Monsanto Company

Website: http://www.monsanto.com
 
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