Quotes From The Industry

"If there is a stress year, which it seems like there's been a lot of lately, the triple stack definitely does a better job."

– Todd Mathisen, corn grower, Cylinder, Iowa.

"I believe triple stack would easily add 10, maybe 15 percent to the yield and profitability on any given year."

– Tom Struecker, corn grower, Fenton, Iowa.

"It's coming from an insurance company, from the government and reflected in the marketplace where there are tangible market benefits for using biotech products, the traits of biotech. They clearly reduce risk for farmers."

– Rick Tolman, CEO, National Corn Growers Association.

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Monsanto Program FAQ's

Which states will qualify, and when will additional states qualify?
The Biotech Yield Endorsement will be implemented as a pilot program in four states in 2008 – Minnesota, Iowa, Illinois and Indiana – by the Risk Management Agency-USDA. Pending a successful performance of the Biotech Yield Endorsement in the pilot states and pending approval from the FCIC, the Biotech Yield Endorsement may be expanded into other corn-producing states.
Which types of insurance policies qualify?
An Actual Production History, Crop Revenue Coverage or Revenue Assurance plan of insurance that provides coverage for non-irrigated corn for grain qualifies for the Biotech Yield Endorsement.
How do I sign up?
The Biotech Yield Endorsement premium rate reduction is applied at the unit level. Growers who plant at least 75 percent of their insured acres within each insured unit to non-irrigated corn for grain qualifying hybrids that contain YieldGard VT Triple and/or YieldGard Plus with Roundup Ready Corn 2 are approved to participate in the Biotech Yield Endorsement. In addition, refuge requirements must be respected. Farmers should ask their insurance representatives for details pertaining to this program opportunity.
Which insurance companies will offer the Biotech Yield Endorsement?
All approved insurance providers (AIP) and their representing agents will have the opportunity to offer the Biotech Yield Endorsement. See your agent for specific availability.
When do I sign up?
Farmers should speak with their insurance representatives regarding information and details related to sign-up and qualifications. The final required documentation will be due at the time they provide their acreage reporting information.
Which products are approved for the Biotech Yield Endorsement?
All hybrids containing YieldGard Plus with Roundup Ready Corn 2^® or YieldGard VT Triple^® technology will qualify. These hybrids are available from over 250 seed companies.

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What do I plant?
To be eligible for the program, a farmer must plant at least 75 percent of their insured acres within each insured unit to non-irrigated corn for grain qualifying hybrids that contain YieldGard VT Triple and/or YieldGard Plus with Roundup Ready Corn 2.
Does Herculex^®/Herculex XTRA^® qualify?
At this time, only hybrids containing YieldGard Plus with Roundup Ready Corn 2^® or YieldGard VT Triple^® technology are approved for this program.
How much is the discount?
While there are a number of variables that are grower-specific, the average total cost of a policy premium will be reduced by approximately 14 percent on the revenue assurance policies, such as APH, CRC and RA. On average, this discount will amount to more than $2 per acre on the grower-paid portion of the premium in the pilot geography.
Why did Monsanto do this?
As a company 100 percent focused on agriculture, Monsanto has spent two years working on behalf of the American farmer to develop what is now the Biotech Yield Endorsement. The development of the Biotech Yield Endorsement by Monsanto supports Monsanto’s commitment to the American farmer to deliver biotechnology and products that consistently provide reduced risk, better yields and more value.