Monsanto Company Commits An Additional $3 Million To Continue International Scholars Program

 Monsanto Company Commits An Additional $3 Million To Continue International
                               Scholars Program

Investment Secures Three More Years of Funding for Young Scientists to Support
Research in Rice and Wheat Breeding

PR Newswire

ATLANTA, June 18, 2013

ATLANTA, June 18, 2013 /PRNewswire/ --During his keynote address from the
stage of an international conference discussing the talent and innovation
needs for agriculture in 2050, Monsanto Company Chairman and CEO Hugh Grant 
announced a $3 million additional commitment grant to Monsanto's
Beachell-Borlaug International Scholars Program (MBBISP). In front of
approximately 450 attendees, including international students, academic
advisors and key agricultural leaders attending the International Food and
Agribusiness Management Association (IFAMA) Conference, Grant announced the
additional commitment to this important program, focused on training the next
generation of global rice and wheat plant breeders.

To date, the MBBISP program has supported 52 students from 21 different
countries. With today's additional commitment announcement of $3 million,
Monsanto's total program investment equals $13 million and will fund the
program through 2016.

"Farmers need the best innovations if they are to help feed, clothe and power
our growing world in a sustainable way," said Grant. "Innovations come from
the best and brightest minds around the world and agriculture is a business
where innovations are not only needed, but essential for the future. Talented
young men and women can find a home in agriculture to put their energy, ideas
and passion to work to make a significant, positive impact on their world and
real people."

Started in 2009, MBBISP is named in honor and celebration of the
accomplishments of Hank Beachell, Ph.D., and Norman Borlaug, Ph.D., two
preeminent plant breeders in rice and wheat, respectively, whose research has
been instrumental in reducing hunger for billions of people relying on rice
and wheat for their daily nutrition.

"My grandfather was passionate about science and the opportunity of advancing
agriculture to help improve the human condition," said Julie Borlaug,
granddaughter of the late Dr. Borlaug. "Programs in education and training for
young scientists are an investment in our collective future, and I believe my
grandfather would be inspired and energized by the tremendous research being
accomplished in this global scholars program that bears his name."

Rice and wheat are among the most widely consumed cereal grains in the world
and represent the major source of calories in many parts of the developing
world. Further production improvements in these crops will be essential to
help meet the food needs of the anticipated global population of 9 billion
people by 2050.

Over the next three years, the program, which is administered by Texas
AgriLife Research, an agency of the Texas A&M University System, will continue
to help identify outstanding young scientists and support them with Ph.D.
training in advanced plant breeding techniques, at least one season of field
experience in a developing country, and leadership development. Current MBBISP
scholars are focusing their research on critical constraints affecting rice or
wheat production at universities with doctorate programs in rice or wheat
breeding.

Students are selected by a panel of preeminent judges representing some of the
most accomplished scientific leaders in rice and wheat breeding.

About Monsanto's Beachell-Borlaug International Scholars Program
Monsanto established MBBISP in 2009 in honor of Hank Beachell, Ph.D., and
Norman Borlaug, Ph.D., two preeminent plant breeders in rice and wheat
respectively. Their lifelong work laid the foundation for the tremendous
increases in rice and wheat production that continue to help feed the world
today. The goal of MBBISP is to: (1) aid in the development of highly educated
rice and wheat breeders who can serve as future leaders in the field of
agriculture and (2) provide opportunities for young scientists to experience
the important work and mission of public sector research institutions,
particularly in developing countries. To date, Monsanto has committed $13
million to MBBISP and the program has supported 52 students from 21 different
countries. More information on MBBISP is available at
www.monsanto.com/mbbischolars.

About Monsanto Company
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 www.twitter.com/MonsantoCo, on the company blog, Beyond the Rows at
www.monsantoblog.com, or subscribe to our News Release RSS Feed.

CONTACT: Billy Brennan william.brennan@monsanto.com

SOURCE Monsanto Company

Website: http://www.monsanto.com
 
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