- In August 2023, Bayer AG introduced its herbicide-tolerant biotech corn variety, Dekalb DK95R, in Banggo village, located in Manggalewa district, Dompu Regency, West Nusa Tenggara, Indonesia. This launch marks an important step in the company's efforts to improve crop yield and weed management in challenging environments. The biotech corn is designed to withstand herbicides, allowing farmers to control unwanted vegetation more efficiently. This innovation aims to increase productivity and support sustainable farming practices in the region
- In July 2023, Syngenta unveiled a new hybrid winter barley variety that offers enhanced tolerance to the barley yellowing virus (BYDV) and promises higher yields. The new barley variety is engineered to withstand viral diseases that can negatively affect barley crops, ensuring more robust harvests. This advancement improves disease resistance and boosts overall productivity for farmers, addressing challenges in barley farming. By combining better disease resistance with higher yield potential, this innovation supports greater sustainability and profitability in barley production
- In July 2023, BASF expanded its Xitavo soybean seed portfolio by adding 11 new high-yielding varieties for the 2024 growing season. These new varieties feature the Enlist E3 technology, which helps combat tough weeds that are resistant to traditional herbicides. This expansion enables farmers to access more efficient solutions for managing weed pressure, ensuring better crop performance. With these advancements, BASF aims to support sustainable agriculture by providing high-yielding, weed-resistant seed varieties that optimize farming productivity
- In August 2022, Bayer AG, Bunge, and Chevron U.S.A. Inc. (a subsidiary of Chevron Corporation) entered into a shareholders' agreement related to Bayer's acquisition of a 65% majority stake in the winter oilseed producer, CoverCress, Inc. (CCI). This strategic move allows Bayer to strengthen its position in the oilseed market while advancing sustainable agriculture. Bunge and Chevron will retain a combined 35% ownership in CCI, continuing their involvement in the venture. This partnership aims to enhance innovation in oilseed production and meet growing global demand for sustainable crop solutions
- In February 2022, BASF’s vegetable seeds division introduced a groundbreaking tearless onion variety, designed to reduce the irritation commonly caused when cutting onions. This new variety was successfully launched in supermarkets across France, Germany, Italy, and the United Kingdom, offering consumers a more comfortable cooking experience. By addressing a long-standing challenge for consumers and chefs, BASF's innovation aims to improve the overall culinary experience. The tearless onions represent a significant step in BASF's efforts to provide innovative, consumer-friendly solutions in the vegetable seeds market
