Purchasing new seed instead of using bin-run seed offers greater convenience, economic advantages and more, including:
CONVENIENCE
- Reliable seed supply in many maturities
- Access to the most elite germplasm
- Highest quality and highest yielding product vs. bin-run
ECONOMICS OF NEW SEED VS. BIN-RUN
- Income lost by not selling as commodity grain (e.g., 1 bushel of bin-run seed multiplied by the price of a soybean bushel)
- New seed yields an average of 1.8 bushels per acre more than bin-run (University yield trials range from 1.2 to 5.9 bushels per acre)
- Average loss of approximately 10 percent to 15 percent cleanout at harvest for bin-run seed
- Handling and transportation costs for bin-run (approx. $.35 to $.75 per bushel)
LIMITED WARRANTY BENEFITS
- Dealer agronomic support before and after the sale
- Risk management benefits of Roundup Rewards® (over $600 million paid to growers since 1997)
NEW INNOVATIONS
- Royalties provide research and development of new traits and higher-yielding germplasm.
- New trait introductions:
- 7 to 9 years for commercialization
- $50 million to $100 million in total costs for a new biotech trait
- Monsanto invests more than $700 million per year on research and development.
Seeds containing the Roundup Ready® trait are protected under numerous United States patents, including Patent Nos. 5,352,605 and RE39,247. It is illegal to save Roundup Ready® or patented conventional soybeans for planting or transfer to others for use as planting seed.
Insect-protected crops are genetically improved to provide in-plant protection against selected insect pests. Beneficial insects are not affected. To preserve the benefits and insect protection of these technology crops, Monsanto Technology LLC, Syngenta Crop Protection and Dow AgroSciences have developed insect resistance management (IRM) guidelines that must be incorporated by everyone purchasing and planting insect-protected crops.