ADM, Deere, Monsanto start joint bioenergy project

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ADM, Deere, Monsanto to collaborate on research to turn crop residue into bioenergy
August 26, 2008: 11:08 AM EST

NEW YORK (Associated Press) - Archer Daniels Midland Co., Deere & Co. and Monsanto Co. said Tuesday they will conduct collaborative research on the best ways to turn the throwaway parts of corn plants into biofuel and other products.

The three agricultural industry companies will look for ways to harvest, store and transport the stalks, leaves and cobs of corn _ materials that are referred to as corn stover. They can be used as feed, to generate electricity and as feedstock to make biofuel.

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