MANILA, Philippines, Feb. 14 /PRNewswire-FirstCall/ -- The
Philippines Department of Agriculture's Bureau of Plant Industry,
the body that reviews applications for approval of plant biotechnology
products, has given commercial approval to Roundup Ready Corn
developed by Monsanto Company . This approval is expected to
lead to an increased number of biotechnology acres planted in
that country as growers realize the value of the technology.
"The new approval in the Philippines indicates that countries
around the world continue to recognize the safety and benefits
of agricultural biotechnology products," said Brett Begemann,
Executive Vice President of International Commercial for Monsanto.
The approval comes after a four-year process under the strict
supervision and oversight of the National Committee on Biosafety
of the Philippines (NCBP) and agencies of the Department of
Agriculture.
Roundup Ready Corn is Monsanto Philippines' second biotech
crop approval. This means that Filipino farmers now have access
to the most advanced agriculture technology available in Asia,
in support of the national government's focus on food security
and poverty alleviation. Roundup Ready crops allow growers to
use Roundup glyphosate-based agricultural herbicides over the
top of growing plants, thereby offering more effective weed
control with an herbicide that has a favorable environmental
profile.
In December 2002 YieldGard Corn Borer insect-protected corn
was approved for propagation, which set a milestone for Philippine
agriculture as the first biotech food crop approved in Asia.
YieldGard Corn Borer corn was planted on 54,000 hectares (133,000
acres) in 2004, benefiting mostly small-holder Filipino farmers.
The product has a demonstrated ability to improve both yields
and quality of grain that, in turn, increases growers' incomes.
Together, these technologies will set the stage for enhanced
production of crops that will assist in achieving food security
and the acceleration of the agricultural economy. The Philippines
currently imports 1 million metric tons of corn every year.
According to the International Service for the Acquisition
of Agri-biotech Applications (ISAAA), the estimated global area
of approved biotech crops for 2004 was 81 million hectares (200
million acres), up from 67.7 million hectares (167 million acres)
in 2003. Biotech crops were grown by approximately 8.25 million
farmers in 17 countries during 2004, with 90 percent of the
farmers being resource-poor farmers in developing countries.
Monsanto Company is a leading provider of agricultural solutions
to growers worldwide. Monsanto's employees provide top-quality,
cost-effective and integrated approaches to help farmers improve
their productivity and produce better quality foods. For more
information on Monsanto, see: http://www.monsanto.com/ .