Industry sources have told Farm Industry News that this year’s seed corn supply is much tighter than previously thought, and could lead to some significant shortages of top-end hybrids this growing season.
With total sales of $9.22 billion, Bayer CropScience is one of the global leaders in agribusiness. Its seed treatment, herbicide, insecticide and fungicide business accounts for 80% of the company’s sales. Now the company is expanding its role in the biotech arena. In a recent announcement at its world headquarters in Monheim, Germany, Bayer CropScience unveiled plans to double its annual investment in research and development at its BioScience unit by 2015 and to increase overall research and development budgets at Bayer CropScience to more than $1.14 billion by 2015.
In 2012, growers will have new fungicide and seed treatment options, as well as an array of weed control products for preseason and in-season control of broadleaves and grasses. Several products are still awaiting EPA approval, but their registration is expected in time for the 2012 planting season.
Welcome to Basel, Switzerland, home to Syngenta. In this picturesque city located along the banks of the Rhine River, you’ll find the headquarters to a company that extends its reach to more than 90 countries around the world with its more than 26,000 employees.
Although the company in its present form was created in late 2000 when Novartis and AstraZeneca merged their agribusinesses, its parent company roots stretch back well over 200 years. In fact, the company can trace its roots to Geigy, which was formed in 1758.
It’s been a busy year for Syngenta. Healthy growth in the company’s crop protection and seeds businesses worldwide, new products, and a pipeline with products in their final stages of commercial introduction have put worldwide sales at approximately $10.4 billion in the first nine months of 2011.
The influence of sustainable agricultural systems is evident at Agritechnica 2011, with two buildings filled with companies devoted to alternative energy solutions for the farm — from biogas to solar to wind, and everything in between.
Plant breeders must analyze vast amounts of data to bring new hybrids and varieties to the market. In 2001, Pioneer generated about one million data points for the year. In 2010, the company collected one million data points a day.
Seed companies expect refuge-in-a-bag (RIB) products to be the hottest seed items to be sold in the next few years. Monsanto, Dow AgroSciences and Pioneer Hi-Bred have RIB products approved for 2012 and Syngenta is awaiting approval.