Ceres wins $3.5 m to further rice trait stacks
US energy crop company Ceres (Thousand Oaks, California) has won a $3.5 million grant from the US Agency for International Development (USAID) to develop genetically modified rice for Asian markets. The grant will cover the company’s costs over the next four years to extend its field trials programme and develop new rice varieties containing multiple transgenic traits. Ceres received a $3 million grant from the USAID in 2009 for GM rice research. The project aims to incorporate Ceres’ best high-yield and stresstolerance genes into stacks, which can amplify the benefits of individual traits.