Jerseyville, IL, August 11, 2022 – Exciting news from Bayer today as the company showcases its industry-leading offerings in crop protection, seeds & traits, and digital farming tools at its Fields of Opportunity Technology Showcase. This event is a sign of Bayer’s commitment to advancing innovative products and services tailored toward the individual needs of growers around the globe, following strong second quarter 2022 financial results. The event demonstrates Bayer’s latest developments in a unique portfolio of solutions and technologies expected to power sustainable growth in the years ahead.
“Today we spotlight technologies designed to reduce agriculture’s impact on the environment, increase food security and help farmers combat the continued pressure of climate change on our global ecosystems,” said Rodrigo Santos, member of the Board of Management of Bayer AG, and President of the Crop Science Division. “Bayer remains committed to providing farmers with the tools they need to be productive and sustainable stewards of their land, especially now as they navigate through current disruptions to agriculture’s supply chains.”
With an annual industry leading R&D investment of more than 2 billion euros in Crop Science alone, Bayer is advancing cutting-edge technologies and breakthrough innovations with a bold and ambitious strategy that will transform the future of farming and position growers for success in a rapidly evolving agriculture industry. The demonstrations and discussions in Jerseyville include:
· Further expansion of ThryvOn™ Technology trials. Building on Bayer’s legacy of contributions to sustainable cotton production through the Deltapine® brand’s genetic advancements and Bollgard® brand’s trait technologies, ThryvOn Technology will be the industry’s first biotechnology trait that will provide built-in protection to the whole plant against key tarnished plant bug and thrips species. 2022 will see farmer trials increase to nearly 60,000 acres, bringing this biotech cotton trait one step closer to helping farmers more effectively manage insect pressure.
· Plans for hundreds of on-farm pilot plots of Short Stature Corn hybrids in North America in 2023. These hybrids form the anchor of Bayer’s Smart Corn System, offering farmers precise in-season management of their fertilizer and crop protection needs, thanks to the power of the Climate FieldView™ digital platform. These hybrids recently proved their ability to withstand severe weather conditions when extreme windstorms blew through the Midwest.
· Following the company’s recently announced increased investment, Bayer will highlight CoverCress™, a renewable oilseed and animal feed crop with an annual winter growth cycle allowing its use in between corn and soybean rotations. CoverCress™ will help deliver on Bayer’s sustainability commitments and may open additional revenue streams for growers.
In addition to products yet to be launched, the company notes key updates on recently launched next-generation technologies. Growth across programs and products advancing in the pipeline include:
· The launch of the next-generation technology Intacta 2 Xtend® offers a significant performance advantage for Brazilian soybean farmers delivering about 2.9 bushels more per acre compared to similar varieties on the market. Bayer leads the industry in protecting soybean yield against insect and weed pressure with the third-generation technology in Phase 3 and the fourth generation moving to Phase 1.