Bloomberg BusinessWeek piece on Monsanto and Dupont working on drought-resistant GMOs. Dupont predicts 150m acres of such drought-resistant corn will eventually be planted worldwide, or 10% of the global seed market and one-third of corn grown globally.
Monsanto CEO Hugh Grant says, "The biggest single issue in farming going forward is . . . water availability."
Monsanto hopes to be marketing the world's first drought-resistant seed in 2012. It is also working on a cotton variant, which is crucial because of the large water requirements.
Global warming's impact on ag will be mostly about droughts, so this work is very important stuff to making farming sustainable in the Gap in coming decades.