Monday, June 14, 2010

The Power of Innovation: The Seed Makers Who Don't Pray for Rain

Global warming does not only cause higher temperature that could result in sea-level rise and coastal flooding, but also drive weather in roller coaster fashion – flood and draught. Scientists have been working very hard to stay ahead of the game. Market leaders such as DuPont, Monsanto and Syngenta has come up with drought-tolerant corn, allowing farmers like Lance Russell in Hays, Kan. to grow corn in the areas, which are traditionally considered too dry and hot for corn. The technology could change the economics of farming by reducing the need for irrigation, lowering crop insurance premiums, and boosting land values in water-starved regions. With agriculture accounting for 70% of global freshwater use, "The biggest single issue in farming going forward is...water availability," says Monsanto CEO Hugh Grant…


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