Monsanto is committed to doubling the yield potential of corn, soybeans, cotton, and canola crops. Measuring crop yield growth is one way to assess productivity growth in agriculture.
Based on a recent analysis by The Context Network, the yield and productivity growth of corn, soybeans, cotton and canola crops can be objectively evaluated based on the policy environment of various countries.
The Context Network report provides expert evaluation of the policy environment supporting innovation and investment across the three primary drivers of yield growth: agronomics, breeding and biotechnology. Based on these evaluations, countries are classified into three distinct policy groups:
• Leading countries provide a policy environment that supports innovation and investment across all three yield growth drivers.
• Transitional countries provide a policy environment that is only partially supportive across the three growth drivers.
• Remaining countries do not provide a policy environment that supports innovation and investment across the yield growth drivers.
When evaluating the productivity levels across these country classifications, there are remarkable differences. National average yields and recent yield growth rates are the highest in countries with leading policy environments, followed by transitional and remaining policy environments.
With just one-third (55 million hectares) of the global area under cultivation, corn farmers in the leading countries produced more than one half of the world’s corn production (429 million metric tons). Combined, the transitional and remaining countries occupy nearly two-thirds of the production area, but produce less than one-half of the world’s corn output.
Monsanto strives to increase the yield potential of corn around the world. We invest in all three drivers of productivity: agronomics, breeding and biotechnology. Yet, fully two-thirds of the world’s corn production areas will not reach their yield potential until the policy environment accommodates investment and innovation across all three productivity drivers.
The Context Network report can be read here.
This article is excerpted from Monsanto’s 2011 Corporate Social Responsibility and Sustainability Report. The full report can be found at Monsanto.com.