Iowa State University is establishing a faculty chair in soybean breeding in its agriculture and life sciences college, thanks to a $500,000 gift from Monsanto Co.
The university announced the gift on Thursday from the St. Louis-based company that developed Roundup resistant seeds. Officials say in addition to supporting faculty breeding research, the Monsanto Chair will also support graduate students pursing degrees in plant breeding.
Monsanto spokesman Sam Eathington says the company is excited to work with ISU to promote breeding research that can help farmers meet growing global demands and support the development of the industry's future leaders.
Soybean breeding at Iowa State aimed at oil traits has resulted in the release of more than 180 varieties over the years and trained more than 80 graduate students.