1. 1 International Food & Agricultural Trade Policy Council October 25, 2004 Jerry Steiner Executive Vice President

2. 2 20022030 6.2 Billion 8.1 Billion World Population Continues To Expand

3. 3 Demand for Cereals Continues To Rise Demand in million tons 20 Years ~ 300M MT 30 Years ~ 800M MT

4. 4 A Decade of Remarkable Progress

5. 5 Herbicide-Tolerant Soybeans in Argentina Reduced Costs and Increased Yields

6. 6 Insect-Protected Cotton in India Dramatically Increased Production and Income

7. 7 Insect-Protected Maize in The Philippines Increased Yields

8. 8 YGCB YGCB II Fall Armyworm Control Potential Future Products: New Insect-Protected Maize Controls Armyworm and Earworm No Yieldgard YGCB II Corn Earworm Control

9. 9 Velvetbean Caterpillar Insect-protected/Roundup Ready soybeans (left) Conventional soybeans (right) Potential Future Products: Insect-Protected Roundup Ready Soybeans

10. 10 Corn without gene Corn with gene Potential Future Products: Drought-Tolerant Crops Drought Tolerance Improves Grain Yield Mid Summer Vegetative Drought Tolerance

11. 11 Potential Future Products: Drought-Tolerant Corn

12. 12 Commercial Business Development Commercial Business Development Private/Public Partnerships Private/Public Partnerships Complementary Strategies for Bringing New Technology to all Farmers

13. 13 International Food & Agricultural Trade Policy Council October 25, 2004 Jerry Steiner Executive Vice President