Monsanto's Drought Tolerance Trait In Genuity® DroughtGard® Hybrids Receives Final Major Import Approval From China

 Monsanto's Drought Tolerance Trait In Genuity® DroughtGard® Hybrids Receives
                    Final Major Import Approval From China

Farmers Now Able to More Broadly Market DroughtGard Hybrids Grain

PR Newswire

ST. LOUIS, June 17, 2013

ST. LOUIS, June 17, 2013 /PRNewswire/ -- China, a major importer of U.S. corn
grain and dried distillers grain solubles, has officially granted full
regulatory import authorization for Monsanto Company's (NYSE: MON) MON 87460
trait, the biotechnology trait in Genuity DroughtGard Hybrids, as part of a
broader series of approvals.This represents a significant step forward for
technology approvals in China.

In 2012, more than 250 farmers in the Western Great Plains planted DroughtGard
Hybrids on their farms as a part of Monsanto's Ground Breakers® program. In
2013, the product was introduced in the Western Great Plains under stewardship
requirements. Farmers who purchased DroughtGard Hybrids for planting in 2013
signed a grain stewardship agreement committing to use the grain as on-farm
feed or to sell the grain for domestic use due to pending import approvals in
key export markets. With the approval in China, Monsanto will remove the grain
stewardship requirements, and grain will no longer be required to remain in
the domestic market.

"The import approval of this trait is great news for U.S. farmers," said Lisa
Safarian, U.S. Row Crops Lead for Monsanto. "With full import approvals in
key export markets, farmers can market their grain more broadly this year and
plant with confidence in 2014." Safarian added, "This approval also provides
expanded access to another tool that can help farmers more sustainably manage
their risk."

The Genuity DroughtGard Hybrids system combines germplasm selected for its
drought-tolerance characteristics, the drought-tolerance biotechnology trait
and agronomic recommendations. The system is designed to help the corn plant
use less water when drought stress occurs. This improved hydro-efficiency
creates the opportunity to conserve soil moisture and can help reduce yield
loss from drought conditions, while also maintaining top-end yield potential
under normal, well watered conditions. Monsanto's DEKALB® DroughtGard Hybrids
have consistently shown about a five bushel per acre yield advantage over
competitors' products.

Farmers are looking forward to better protecting their yields in times of
water stress. Eric Zell farms near Mitchell, South Dakota and participated in
Monsanto's DroughtGard Hybrids Ground Breakers trials last year. He says he's
looking forward to protecting his yields in times of water stress.

"After coming off of a very dry last season our subsoil is somewhat limited,
so I'm excited to see what the DroughtGard hybrids can do for me this year in
my new planting for 2013." Zell adds, "Now that I've seen some of these
firsthand, and how they have worked for my farm, I think it's going to be a
great product going forward. DroughtGard has given me optimism for the future
to know that I can better handle dry conditions."

With a changing climate that leads to more challenging growing conditions,
farmers are looking for more options to protect their yield and manage their
risk. Drought tolerance is one component of Monsanto's Yield and Stress
efforts to protect or improve yield and achieve more consistency of returns.
Yield and nitrogen utilization traits are also in Monsanto's R&D pipeline. The
drought tolerance trait in Genuity DroughtGard Hybrid's represents the first
commercial offering of the company's joint R&D collaboration with BASF on
yield and stress technologies.

About Monsanto Company
Monsanto Company is a leading global provider of technology-based solutions
and agricultural products that improve farm productivity and food quality.
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to produce more from their land while conserving more of our world's natural
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Forward-Looking Statements:
Certain statements contained in this presentation are "forward-looking
statements," such as statements concerning the company's anticipated financial
results, current and future product performance, regulatory approvals,
business and financial plans and other non-historical facts. These statements
are based on current expectations and currently available information.
However, since these statements are based on factors that involve risks and
uncertainties, the company's actual performance and results may differ
materially from those described or implied by such forward-looking statements.
Factors that could cause or contribute to such differences include, among
others: continued competition in seeds, traits and agricultural chemicals; the
company's exposure to various contingencies, including those related to
intellectual property protection, regulatory compliance and the speed with
which approvals are received, and public acceptance of biotechnology products;
the success of the company's research and development activities; the outcomes
of major lawsuits and the previously announced SEC investigation; developments
related to foreign currencies and economies; successful operation of recent
acquisitions; fluctuations in commodity prices; compliance with regulations
affecting our manufacturing; the accuracy of the company's estimates related
to distribution inventory levels; the company's ability to fund its short-term
financing needs and to obtain payment for the products that it sells; the
effect of weather conditions, natural disasters and accidents on the
agriculture business or the company's facilities; and other risks and factors
detailed in the company's most recent periodic report to the SEC. Undue
reliance should not be placed on these forward-looking statements, which are
current only as of the date of this presentation. The company disclaims any
current intention or obligation to update any forward-looking statements or
any of the factors that may affect actual results.

                                       Monsanto Company

Contact Media: Jeff Neu (314-694-4690) 800 North Lindbergh Blvd

                                       St. Louis, Missouri 63167

SOURCE Monsanto Company

Website: http://www.monsanto.com
 
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