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Three indexes on my world watchlist ended the month of May with modest weekly gains. China's Shanghai Composite was the top performer, with a 0.53% advance. Germany's DAXK and India's SENSEX finished second and third-- with 0.36% and 0.28% gains, respectively.
While breeding may sound less advanced than the firm's biotechnology efforts, that's not exactly the case. Monsanto uses sophisticated DNA sequencing to identify genes and their functions, providing markers in the germplasm that can be used to breed superior seeds with increased yields. Further, the firm's germplasm library also should accelerate gains in biotech traits, as biotechnology and breeding are used in tandem to generate new technologies.