The competition in crop protection is getting rather friendly. Two of the largest suppliers of technology-based agricultural solutions in the U.S., Monsanto and Dow AgroSciences, are teaming up in the unprecedented release of an eight-gene stacked corn combination. See the Zimfo Bites Melissa posted for media event information.
Monsanto and Dow AgroSciences LLC, a subsidiary of The Dow Chemical Company, have reached a cross-licensing agreement aimed at launching SmartStax™, the industry’s first-ever eight-gene stacked combination in corn. The agreement is expected to create a new competitive standard for stacked-trait offerings and present an expanded growth opportunity for both companies’ seed brands and traits businesses by the end of the decade.
“By bringing together the two companies that have developed and commercialized the trait technologies widely used in agriculture today, we can provide farmers an ‘all-in-one’ answer to demands for comprehensive yield protection from weed and insect threats,” said Carl Casale, executive vice president of strategy and operations for Monsanto. “Farmers will have more product choices to optimize performance and protection, and that translates into a higher-yielding opportunity and a new growth proposition for their businesses and ours.”
“The combination of these trait technologies signals the start of the next generation of products with improved plant protection and yield increases for the farmer,” said Jerome Peribere, president and CEO of Dow AgroSciences. “These combinations provide tremendous value to the grower while better protecting the technology-bearing crops from insect and weed resistance.”
Multi-Gene Product Set to Expand Business Opportunities for Both Companies
Under the agreement, the companies will create a novel seed offering that combines eight different herbicide tolerance and insect-protection genes into top-performing hybrids for the most complete control ever available. The product will include the companies’ respective above- and below-ground insect protection systems, including Dow AgroSciences’ Herculex® I and Herculex RW technologies; Monsanto’s YieldGard VT Rootworm/RR2™ and YieldGard VT PRO™ technologies; and the two established weed control systems, Roundup Ready® and Liberty Link®.
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