RESEARCH TRIANGLE PARK, NC - BASF announced today that it has reached an exclusive supply agreement with Monsanto Company for fungicide seed treatments for cotton and soybeans in North America. Monsanto’s next generation Acceleron® Seed Treatment Products for soybeans and cotton will contain F500®—the same active ingredient found in Headline® fungicide—and the innovation Xemium® fungicide, which is expected to be registered by the U.S. Environmental Protection Agency (EPA) in 2012.
A new generation of the carboxamide class of chemistry, Xemium has shown to provide superior control of key soybean and cotton diseases.
“Growers know that yields can suffer without successful early-season crop development,” said Bob Yaklich, Market Manager for Seed Solutions for BASF in North America. “The combination of BASF fungicides, Xemium and F500, provides a new level of disease control, as well as healthier plants and improved crop quality, which can improve yield potential. This new agreement with Monsanto will give growers the opportunity to give seedlings a stronger start and their growing seasons a stronger finish.”
Under the agreement, Monsanto will have exclusive rights to commercialize the new seed treatments. Monsanto’s global seed treatment platform complements the company’s seed and trait strategy, as well as its investments in breeding and biotechnology.
“Farmers choose Genuity® Roundup Ready 2 Yield® soybeans and Deltapine® brand cottonseed for their proven yield advantages” said Tom Schaefer, Monsanto’s Marketing Manager for Acceleron® Seed Treatment Products. “These additions to the Acceleron Seed Treatment Products line can help those seeds emerge strong and yield strong.”
Details on how strong stand establishment and early plant health can reflect higher yields at harvest are available at www.AcceleronSTS.com.
About the Crop Protection division
With sales of € 4.1 billion in 2011, BASF’s Crop Protection division is a leader in crop protection and a strong partner to the farming industry providing well-established and innovative fungicides, insecticides and herbicides. Farmers use these products and services to improve crop yields and crop quality. Other uses include public health, structural/urban pest control, turf and ornamental plants, vegetation management, and forestry. BASF aims to turn knowledge rapidly into market success. The vision of BASF’s Crop Protection division is to be the world’s leading innovator, optimizing agricultural production, improving nutrition, and thus enhancing the quality of life for a growing world population. Further information can be found on the web at www.agro.basf.com or follow us on twitter: www.twitter.com/basfagro.
BASF – The Chemical Company
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,000 employees in North America, and had sales of $19.9 billion in 2011. For more information about BASF’s North American operations, visit www.basf.us.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.