Bayer CropScience, Monsanto Form Seed Technology Agreement
August 31, 2010 Bayer CropScience LP and Monsanto Co. have entered into an exclusive agreement on the use of Poncho/VOTiVO seed treatment.
Offered exclusively with Acceleron Seed Treatment Products for corn, Poncho/VOTiVO seed treatment from Bayer CropScience combines the number one corn seed-applied insecticide with a new living-barrier approach to nematode protection.
Bayer data shows that the 500 rate of Poncho delivers increased control of wireworm, black cutworm, white grub, and other early season pests. And four years of field research shows that Poncho/VOTiVO delivers an average 6 to 8 bu/A yield increase on corn over the industry standard, the 250 rate of Poncho.
“We look forward to this opportunity to provide growers with advanced technology that combines Bayer CropScience innovation in seed treatment with Monsanto innovation in seed,” says Bill Buckner, president and chief executive officer of Bayer CropScience LP. “This combination will help ensure that corn growers can have the best protection against yield-robbing nematodes and early season insects.”
“Early-season pests can have a major impact on a corn crop’s growth and development," says Brad Griffith, Monsanto’s global seed treatment lead.. That’s where Acceleron Seed Treatment Products come into play. Farmers will have a choice that includes this innovative nematode control technology when they choose Genuity traits optimized with Acceleron.”
New Poncho/VOTiVO provides a biological mode of action that introduces a revolutionary way to protect corn seedlings and roots against nematodes. It contains bacteria that live and grow with young corn roots, protecting against a broad range of nematodes that feed on corn.
Under the agreement, Monsanto will have exclusive rights to commercialize Poncho/VOTiVO with the 500 rate of Poncho under its industry-leading corn brand DEKALB, the Channel, brand and regional brands, as well as to license the product through its licensing business, which serves more than 180 corn seed companies throughout the U.S. and Canada. Additional details of the agreement were not disclosed.
Orders for Acceleron Seed Treatment Products, including Poncho/VOTiVO are being taken now for the 2011 growing season by your local seed dealer.
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