Monsanto Establishes Program to Fund Corn Rootworm Research

Monsanto Company (NYSE: MON) has pledged up to $3 million dollars to support academic research on corn rootworm. The Corn Rootworm (CRW) Knowledge Research Program will provide merit-based awards of up to$250,000 per year for up to three years for outstanding research projects that address specific aspects of corn rootworm biology, genomics and management issues.

Corn rootworm is one of the most damaging pests on the farm. The U.S. Department of Agriculture has estimated that the damage caused by the pest and costs associated with controlling it typically total $1 billion annually – including approximately $800 million in yield loss and $200 million in treatment expenses.

Read more on PR Newswire.

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