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Monsanto and Dow fell out because of the seeds of GM soy
Competitors said that they do not plan to sell the seeds of GM soybean Dow
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In the battle for the licensing of genetically modified soybeans the next generation of Dow Chemical Co. lost Monsanto Co. before the products of these companies became available to American farmers.

Soy Enlist the Dow, which should go on sale next year, was designed to remain viable after spraying with herbicides 2,4-D and glyphosate, which is very important in the struggle of farmers with weeds. The company predicts that Enlist help increase agricultural income by $1 billion by 2018.

Despite stiff competition in the industry, there are established companies in seed production practice to license genetic competitors ' products. Currently two of the largest competitors Dow - DuPont Co. and Syngenta AG have announced that they plan to sell seeds Enlist.

Pioneer, a division of DuPont and the largest supplier of soybean seeds in the United States, has cancelled an agreement with Dow on commercialization of seeds Enlist, officials said the Pioneer.

The loss of such a large potential customer can complicate Dow achieving ambitious goals soy Enlist, according to analysts at Goldman Sachs & Co.

Monsanto, the second largest seller, and the Swiss Syngenta AG, which ranks third, also will not add Enlist in the list of its selling soya seeds, said company representatives. Without these license agreements markets the Dow is reduced by 25% acres of soybean in the U.S., according to analysts at JPMorgan Chase & Co.

DuPont Pioneer, on the contrary, licenses soy seeds Monsanto Roundup Ready Xtend, which were developed resistant against pesticides dicamba and glyphosate. Syngenta has no plans to license Enlist, but considering the use of technology Xtend.

Based in St. Louis Monsanto expects to receive as much as 90% of the acres in the U.S., said analysts at Susquehanna Financial Group LLLP. Monsanto plans to start selling the new seeds in 2016, when it will receive the sanction of China on import.

Dow did not expect that DuPont licenses Enlist, when in November he presented his plan for doubling of agricultural income in the next five years, said the President of Dow AgroSciences. The enthusiasm of the company regarding Enlist remains high. Two based in Iowa manufacturing company of soybean seeds, Stine Seed Co. and Merschman Seeds, Inc., agreed to license the seeds Enlist, and Dow plans to introduce them in the market of South America.

Dow also plans to start selling, corn and cotton Enlist that, according to the forecasts of the company, will ultimately bring in $400 million in combined annual revenue, compared with $600 million from soy Enlist.

DuPont Pioneer has stated that a waiver agreement with Dow was “strategic”. Pioneer does not need to Enlist because the company producing seeds can help farmers to control weeds, adding licensed soybeans from Monsanto and Bayer AG. Pioneer may also use its own technology STS. Monsanto is focused on Xtend and has no plans to put into circulation soy Enlist Dow, said the representatives of Monsanto .

 

 

 

 



Translated by the service "Yandex.Translation"
Источники: Agro2b
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