Monsanto Company received export approval from China for its Roundup Ready 2 Xtend soybeans, and Growmark has been ready with FS HiSOY brand soybeans. Eleven new varieties featuring the trait have been released.
Syngenta obtained a $25,000 settlement from Paul and John Mayclin, Mayclin Farms, Plankinton, S.D., in response to their Plant Variety Protection (PVP) Act violation. Mayclin admitted to unauthorized sales of Syngenta’s AgriPro brand winter wheat variety SY Wolf.
U.S. cotton farmers are expected to boost acreage by 6.2 percent this year as weak market prices for competing crops including corn and soybeans lead them to devote more area to the fiber, an industry group concluded after a survey.
Chinese officials have issued warnings to seed dealers and farmers not to use unapproved genetically modified seeds in the country's main crop belt, shortly after Greenpeace said it had found widespread GM contamination in corn.
As demand for seed treatment knowledge and products grows among farmers, retailers and others in the seed industry, Syngenta is expanding its North America Seedcare Institute in Stanton, Minn. Construction began August 2015 and is on track for completion by the end of 2016.
The global seed treatment market was valued at $4.50 billion in 2014 and is expected to reach $9.50 billion in 2020, growing at a compound annual growth rate (CAGR) of above 9 percent between 2015 and 2020, according to a new report from Zion Research.