- Posted by Rafael Moro
Bayer announced the suspension of its soy seed and biotechnology businesses in Argentina as of the 2021/22 harvest. “With lower insect pressure than other regions, Argentina represented approximately 10% of the total area sown with INTACTA RR2 PRO in South America in 2020/2021,” the multinational said in a statement.
“The plan is to redirect investments in Argentina towards profitable and innovative projects, focused on promoting digital transformation and new business models, such as the digital platform Orbia, or Carbon Initiative”, justifies Bayer. The company guarantees that it will seek an orderly transition to accompany its customers and partners.
“With more than 100 years of experience in the country, Bayer thanks everyone who participated and supported the soy seed and biotechnology business in Argentina and reiterates its commitment to offering comprehensive solutions to producers through its corn, corn protection business. crops and digital agriculture”, they explain.
Bayer added that, although it stops supplying soy in Argentina, other companies that have Intacta technology stocks will continue to sell until exhaustion. Juan Farinati, Head of Commercial Operations at Bayer Crop Science Southern Cone, highlighted that “Argentine agriculture is already one of the most sustainable on the planet, but there is still room for improvement. When we intensify management through sustainable agronomic practices, we increase the possibility of extracting the real value of each germplasm, producing more and more responsibly”.
By: Leonardo Gottems | Agrolink
This text was automatically translated from Portuguese.