Monsanto Defends Biotech Wheat Plans, Eyes Growth

Monsanto Co. Chairman Hugh Grant on Thursday defended his company's plans to roll out the world's first genetically modified wheat from critics who said they fear it could endanger global food and environmental safety. Grant, who was peppered with questions about the company's biotech crops during Monsanto's annual meeting at its headquarters, also offered an optimistic outlook for the company's future success in marketing biotech corn, soybeans, wheat and other crops.

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