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Current Roundup Ready crops include soy, corn (maize), canola, [2] sugar beets, [3] cotton, and alfalfa, [4] with wheat [5] still under development. Additional information on Roundup Ready crops is available on the GM Crops List. [6] As of 2005, 87% of U.S. soybean fields were planted with glyphosate resistant varieties. [7] [8]
According to the CFS, "From 1995-2011, the average cost to plant one acre of soybeans has risen 325 percent." Roundup Ready soybean seeds were introduced in 1996. Roundup Ready soybean seeds were ...
Monsanto developed a Roundup Ready genetically modified wheat but ended development in 2004 due to concerns from wheat exporters about the rejection of genetically modified (GM) wheat by foreign markets. [117] Two patents were critical to Monsanto's GM soybean business; one expired in 2011 and the other in 2014. [118]
The first successful genetically engineered crop ever produced for the commercial market was the Roundup Ready soybean, produced at Agracetus in 1991, and was one of fourteen successful transformation events. Scientists there used gold bead gene transfer technology coupled with the β-Glucuronidase reporter gene to
Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.
Monsanto starts its pivot into biotechnology. It genetically engineers a plant cell in 1982, commercializes the first genetically engineered product, recombinant bovine growth hormone (rbGH) - in 1994, and brings its first genetically engineered seeds, Roundup soybeans, onto the market in 1996.