Monsanto has announced a three-point commitment to help increase global food production.
Monsanto’s announcement comes at a time when world leaders are debating how to meet the needs of a global population expected to reach nine billion people by 2050. Just this past week United Nations Secretary-General Ban Ki-moon called for a 50 percent increase in food production by 2030, saying that failure to feed the world’s growing population will spark civil unrest and starvation.
Monsanto has committed not only to meet, but exceed this threshold for its core crops, while addressing other critical needs:
• Develop better seeds – Monsanto will double yield in its three core crops of corn, soybeans, and cotton by 2030, compared to a base year of 2000. The company will also establish a $10 million grant designed to accelerate breakthrough public sector research in wheat and rice yield.
• Conserve resources – Monsanto will develop seeds that will reduce by one-third the amount of key resources required to grow crops by the year 2030. The company will also join with others to address habitat loss and water quality in agriculturally important areas.
• Help improve farmers’ lives – The company is committed to help improve the lives of farmers, including an additional five million people in resource-poor farm families by 2020.