Bayer, Monsanto Offer Corn Option
Bayer CropScience LP and Monsanto Co. will partner on new fungicide seed treatment option.
The pair entered into an exclusive agreement on a new cutting-edge fungicide seed treatment for corn. The treatment, which is expected to be commercialized in conjunction with the planned launch of Monsanto’s SmartStax seed offering in 2010, will provide corn growers with a significant improvement in early-season protection against seedling diseases and insects.
The new seed treatment will be based on the Bayer CropScience product Vortex, a new fungicide providing enhanced broadspectrum disease control and seed safety for corn seed.
SmartStax combines eight different herbicide tolerance and insect-protection genes into top-performing hybrids for the most complete control ever available to growers. The improved disease control provided by the new fungicide technology from Bayer CropScience further expands the benefits of the Monsanto hybrids for corn growers.
Under the agreement, Monsanto will have exclusive rights to commercialize the new seed treatment offering under its industry-leading corn brand DEKALB and the regional brands of American Seeds Inc, as well as to license the product through its licensing business which serves more than 180 corn seed companies throughout the United States and Canada.
Vortex will be used in conjunction with Bayer CropScience’s seed treatment insecticide Poncho, as well as other novel fungicide formulations, to deliver breakthrough seed treatment solutions.
(Source: Bayer CropScience/Monsanto joint news release)