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News specific to inform, educate and assist ag retailers is delivered in this e-newsletter weekly each Thursday. Circulation is limited to only ag retailer/distributor management and employees.

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Market Commentary

Morning Comments 06/20


U.S. dollar strength and pessimism depressed corn futures and the commodity sector Wednesday night. Fed Chairman Bernanke made a firm commitment to slow its policy of aggressive asset buying later this year and in 2014, which sent the dollar sharply higher. Disappointing economic reports out of China have also raised doubts about the strength of future commodity demand. On the other hand, forecasts for hot, dry weather across the Corn Belt later this month could support the crop markets. July corn dropped 6.0 cents to $6.7625/bushel early Thursday morning, while December tumbled 8.0 cents to $5.625.
Market Info

New Agrisure Duracade trait from Syngenta

Syngenta  |   October 9, 2012
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Syngenta announced that the Environmental Protection Agency (EPA) has granted registration of its Agrisure Duracade trait (Event 5307 Corn). This follows the completion of the U.S. Food and Drug Administration (FDA) consultation process in February, which determined that the trait is as safe for human and animal consumption as conventional corn.

The Agrisure Duracade trait expresses a unique protein (eCry3.1Ab) for control of corn rootworm. The proprietary technology has a different mode of action to the Agrisure RW trait (Event MIR604) against rootworm and will serve as another tool for managing this very damaging pest.

“We are excited to announce the achievement of two important milestones in the process of introducing the next generation of corn rootworm control,” said David Morgan, president of Syngenta Seeds, Inc. and Syngenta North America region director. “Pending full USDA deregulation, the Agrisure Duracade trait will be stacked with the Agrisure RW trait (Event MIR604) to provide growers with dual modes of action against the destructive corn rootworm, allowing them to grow more corn while also countering the development of insect resistance in fields and sustaining insect control solutions.”

The Agrisure Duracade trait will be used to create refuge in a bag product offerings from Syngenta featuring two new trait stacks for corn rootworm control. The Agrisure Duracade 5122 trait stack will combine the Agrisure Duracade trait with the Agrisure RW trait (Event MIR604) for an additional mode of action on corn rootworm, Agrisure CB/LL trait for control of corn borer, the Herculex I trait for a second mode of action on corn borer and for broad lepidopteran control, and the GA21 trait for glyphosate tolerance. The Agrisure Duracade 5222 trait stack will include the same traits as the Agrisure Duracade 5122 trait stack plus the Agrisure Viptera trait for breakthrough control of the multi-pest complex. The Agrisure Duracade 5122 and Agrisure Duracade 5222 trait stacks received approval from the EPA concurrent with the Agrisure Duracade trait.


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