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BASF, Monsanto enter into seed treatment agreement

Agriculture.com Staff 06/23/2008 @ 12:24pm

BASF and Monsanto have signed an agreement for a new fungicide seed treatment solution for soybeans in the United States, according to a company report. The new product contains BASF's active ingredient F 500 that's contained in its Headline fungicide.

The treatment is expected to be commercialized in conjunction with the launch of Monsanto's Roundup Ready 2 Yield soybean seed offering. Company officials say this will provide soybean farmers with early-season disease protection that results in improved stand and extra vitality.

"We're pleased to be partnering with BASF to deliver new seed-based technology to soybean farmers," said Carl Casale, executive vice president for Monsanto. "We feel the product will be the best seed treatment fungicide available to complement our new Roundup Ready 2 Yield soybean offering. In today's demand-driven agriculture landscape, seed treatments are a natural fit in maximizing the realizable yield from seed and traits that are so important to farmers."

"We're happy that U.S. soybean growers will have access to this exciting new product from our Seed Solutions pipeline in the 2009 growing season," said Markus Heldt, head of BASF's Crop Protection business in North America. "This fungicide seed treatment is the first in this new generation of BASF seed treatment products that the company plans to launch globally over the next couple of years, and it is the perfect complement to Headline fungicide to get seedlings off to a strong start," he added.

Under the agreement, Monsanto will have exclusive rights to commercialize the new fungicide seed treatment in soybeans. Additional details of the agreement were not disclosed.

In 2009, Monsanto plans a controlled commercial release of Roundup Ready 2 Yield soybeans that will be treated with a proprietary treatment containing F 500. Roundup Ready 2 Yield soybeans are the second generation of Monsanto Roundup Ready soybean technology.

BASF and Monsanto have signed an agreement for a new fungicide seed treatment solution for soybeans in the United States, according to a company report. The new product contains BASF's active ingredient F 500 that's contained in its Headline fungicide.

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