Three companies will work together on soybean commercialization

Apr 29, 2015

The United States and Argentina are represented in this initiative

Three companies representing two countries will join forces on a joint venture to develop and commercialize soybean traits.

Dow AgroSciences out of Indianapolis, Indiana and Arcadia Biosciences out of Davis, California represent the United States and Argentina’s Bioceres will work together to help the soybean farmers.

It will use Dow AgroSciences’ EXZACT Precision Technology to generate soybean trait stacks, Verderca (a joint venture between Bioceres and Arcadia Biosciences) will contribute agronomic performance and product quality traits with Dow’s herbicide-tolerant and insect-resistant traits.

All involved are hoping the results will give soybean farmers different and powerful options to ultimately give farmers what they’re looking for – higher yields.

“Soybean farmers are looking for productivity, and this collaboration holds great promise for the technology we can offer them,” said Tim Hassinger, president and CEO of Dow AgroSciences. “Our own expertise, combined with Arcadia’s leadership position in abiotic stress traits and Bioceres’ strong relationship with large soybean growers, presents a unique opportunity for greater yields.”

Soybeans are currently grown on over 100 million hectares around the world and is the world’s 4^th largest crop. The United States, Argentina, Brazil, China and India make up nearly 90% of the global soybean production.

Speaking of Argentina and soybeans, the Argentine government is planning to ban grain handlers from receiving royalties on Monsanto’s behalf.

Join the conversation and tell us your thoughts on the three companies working together to develop and commercialize soybeans. Also, what are your thoughts on Argentina knocking heads with Monsanto about royalties?

Companies representing Argentina and the USA will work together on soybeans.

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