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International Food & Agricultural Trade Policy CouncilInternational Food & Agricultural Trade Policy CouncilOctober 25, 2004October 25, 2004

Jerry SteinerJerry SteinerExecutive Vice PresidentExecutive Vice President

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20022002 20302030

6.2 Billion6.2 Billion 8.1 Billion8.1 Billion

World Population Continues To ExpandWorld Population Continues To Expand

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Demand for Cereals Continues To RiseDemand for Cereals Continues To Rise

0

500

1000

1500

2000

2500

3000

1981 1999 2015 2030

Transition Nations

Developed Nations

Developing Nations

Demand inmillion tons

20 Years20 Years

~ 300M MT

~ 300M MT

30 Years30 Years

~ 800M MT

~ 800M MT

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A Decade of Remarkable ProgressA Decade of Remarkable Progress

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Herbicide-Tolerant Soybeans in Argentina Herbicide-Tolerant Soybeans in Argentina Reduced Costs and Increased YieldsReduced Costs and Increased Yields

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Insect-Protected Cotton in India Dramatically Insect-Protected Cotton in India Dramatically Increased Production and IncomeIncreased Production and Income

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Insect-Protected Maize in The Philippines Insect-Protected Maize in The Philippines Increased YieldsIncreased Yields

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YGCB YGCB II

Fall Armyworm ControlFall Armyworm Control

Potential Future Products: New Insect-Protected Potential Future Products: New Insect-Protected Maize Controls Armyworm and EarwormMaize Controls Armyworm and Earworm

No Yieldgard YGCB II

Corn Earworm ControlCorn Earworm Control

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Velvetbean Caterpillar

Insect-protected/Roundup Ready Insect-protected/Roundup Ready soybeans (left)soybeans (left)

Conventional soybeans (right)Conventional soybeans (right)

Potential Future Products: Insect-Protected Potential Future Products: Insect-Protected Roundup Ready SoybeansRoundup Ready Soybeans

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Corn without gene Corn with gene

Potential Future Products: Drought-Tolerant Potential Future Products: Drought-Tolerant CropsCrops

Drought Tolerance Improves Grain Yield

Mid Summer Vegetative Drought Tolerance

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Potential Future Products: Drought-Tolerant Potential Future Products: Drought-Tolerant CornCorn

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Commercial Business DevelopmentCommercial Business Development

Private/Public Partnerships Private/Public Partnerships

Complementary Strategies for Bringing New Complementary Strategies for Bringing New Technology to all FarmersTechnology to all Farmers

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International Food & Agricultural Trade Policy CouncilInternational Food & Agricultural Trade Policy CouncilOctober 25, 2004October 25, 2004

Jerry SteinerJerry SteinerExecutive Vice PresidentExecutive Vice President