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Bayer CropScience, Monsanto reach corn fungicide agreement

Bayer CropScience LP and Monsanto Company this week entered into an agreement on a new fungicide seed treatment for corn. Expected to be commercialized in conjunction with the planned launch of Monsanto's SmartStax seed offering in 2010, the treatment will provide early-season protection against corn seedling diseases and insects.

"We feel the product will be the best seed treatment package available to match with our corn trait offerings, like SmartStax," said Carl Casale, executive vice president for Monsanto.

"This combination will help ensure that corn growers have access to the increased options they seek to best control pests, weeds and disease and maximize yields," said Bill Buckner, president and chief executive officer of Bayer CropScience LP.

The new seed treatment will be based on the new Bayer CropScience fungicide product Vortex. SmartStax combines eight different herbicide tolerance and insect-protection genes.

Under the agreement, Monsanto will have exclusive rights to commercialize the new seed treatment offering under its industry-leading corn brand DEKALB and the regional brands of American Seeds Inc., as well as to license the product through its licensing business which serves more than 180 corn seed companies throughout the United States and Canada.

Vortex will be used in conjunction with Bayer CropScience's seed treatment insecticide Poncho, as well as other novel fungicide formulations, to deliver breakthrough seed treatment solutions.

Bayer CropScience LP and Monsanto Company this week entered into an agreement on a new fungicide seed treatment for corn. Expected to be commercialized in conjunction with the planned launch of Monsanto's SmartStax seed offering in 2010, the treatment will provide early-season protection against corn seedling diseases and insects.

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