Corteva launches Brazil biotech soy, tackles Bayer head-on

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Corteva launches Brazil biotech soy, tackles Bayer head-on


By Ana Mano

SAO PAULO, Aug 10 (Reuters) – Corteva Agriscience
stated on Tuesday it would begin promoting biotech soybean seeds in
Brazil, because it seeks to bolster its presence on the earth’s
largest producer of the oilseed and deal with German rival Bayer AG
.

Corteva stated its Enlist soybean seeds can resist three weed
killers together with glyphosate, ammonium glufosinate and the
firm’s personal new method containing 2,4-D choline salt.

“We need to give farmers freedom of selection, an possibility for
native growers since there was principally just one firm
working within the soy biotechnology market in Brazil,” Roberto
Hun, Corteva’s president for Brazil and Paraguay, stated in an
interview.

The corporate will compete straight with Bayer’s Intacta
genetically modified soy expertise, which equally resists
weed-killers and bugs.

Hun stated use of Enlist in the US exceeded
expectations. Fast adoption by farmers led 35% of the U.S. soy
space to be cultivated with the product inside three years of its
launch, he stated.

Christian Pflug, head of Enlist expertise for Brazil and
Paraguay, stated native farmers would be capable of elevate soy yields
by 2% to five% in the event that they embrace the expertise. The corporate hopes
one-third of Brazil’s soybean space is planted with its biotech
seeds inside 5 years.

As a part of its Enlist product line, Corteva additionally plans to
launch one other genetically modified soy seed, Conkesta, in
Brazil. The corporate says it may resist the identical three weed
killers in addition to some varieties of caterpillars – a standard plague
of tropical agriculture.

The Conkesta launch is pending EU approval of that particular
expertise, because the bloc imports soy and soymeal from Brazil,
executives stated.
Brazil’s largest soybean purchaser is China, the place Enlist and
Conkesta merchandise have been cleared by regulatory authorities,
executives stated.

(Reporting by Ana Mano in Sao Paulo
Enhancing by Matthew Lewis)
(([email protected]; Tel: +55-11-5644-7704; Mob:
+55-119-4470-4529; Reuters Messaging:
[email protected]))

Key phrases: BRAZIL CORTEVA/SOY GMO

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