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Serving: United States

European Commission authorizes XtendFlex soybeans

According to a planting intentions survey by Farm Futures magazine stressed margins continue to roil farmer planting decisions this spring forcing major shifts in crop choices for 2015 In addition to planting less corn and more soybeans producers are searching for other crops to grow as they try to pencil out a profitFarm Futures found growers gearing up to plant 8834 million acres of corn this spring down 25 from 2014 and slightly lower than the 8851 million from the magazine39s last surv
European Commission's green light enables full launch in the United States and Canada in 2021.

The European Commission has authorized XtendFlex soybean technology for food, feed, import and processing in the European Union. This represents the final key authorization for XtendFlex soybeans. With this approval, Bayer anticipates a full launch in the United States and Canada in 2021. The company expects the seeds to be planted on 20 million acres in the U.S. in 2021.

“XtendFlex soybeans will be Bayer’s second major product launch in soybeans in the last five years,” said Lisa Safarian, president of Crop Science North America.

XtendFlex soybeans, Bayer’s newest soybean technology, are built upon the Roundup Ready 2 Xtend soybean with the additional tolerance to glufosinate herbicides.

“We’ve seen great demand for XtendFlex soybeans from our customers,” said Lisa Streck, Bayer soybean launch lead. “Based on that demand, we’ve developed a supply plan to meet the market demand in 2021, across all maturities, Bayer brands and licensees. We expect the launch of XtendFlex to match the launch scale of Roundup Ready 2 Xtend soybeans, which were planted on 20 million acres in their first year of commercial availability.”

To learn more about XtendFlex soybeans, visit RoundupReadyXtend.com.

Source: Bayer, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.   
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