Table: Verfaillie's Strategy

BIO FOOD

Monsanto (MON ) is working to gain approvals in Brazil, India, and the EU. And it's planning to introduce herbicide-resistant wheat, rice, and alfalfa and rootworm-resistant corn. Longer term, it wants to commercialize drought-tolerant corn and high-oil soybeans.

HERBICIDES

The company is developing brand extensions for its flagship Roundup herbicide and cutting prices to protect market share.

COST CONTROL

It cut costs by $100 million this year, in part by better inventory management and more focused research and development efforts.

Data: Monsanto Co.

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