Tuesday, August 31, 2010

Transition Plan Proposed

Stay In Front Of The Eight Ball

A Heads-Up On Transition From
Bollgard To Bollgard II

Carroll Smith
Senior
 
Transition Plan Proposed

The transition plan that Monsanto has submitted to the EPA addresses these issues. First, the 2010 fees, including seed, trait and seed treatment prices, will be announced in July. The total amount of Bollgard seed available will be announced Aug. 20. Then, producers can place their Bollgard orders and only be invoiced $25 per bag on or before Sept. 30, 2009.

The company has to charge some amount of money for the seed so it will qualify as a purchase by Sept. 30 as specified by FIFRA regulations. Monsanto will carry the balance until late July 2010 via its program.

To alleviate the storage crunch, Monsanto will store all of the seed itself, then ship it to distributor/dealer locations direct from Monsanto by Feb. 28, 2010, based on grower orders placed by Sept. 30.


source : cottonfarming

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