DuPont and Monsanto recently announced a series of technology licensing agreements that will expand the range of seed products they can offer farmers. The agreements include a multi-year, royalty-bearing license for Monsanto's next-generation soybean technologies in the United States and Canada. Through these agreements, DuPont Pioneer will be able to offer Genuity® Roundup Ready 2 Yield® soybeans as early as 2014, and Genuity® Roundup Ready 2 Xtend™ glyphosate and dicamba tolerant soybeans as early as 2015, pending regulatory approvals.
DuPont Pioneer also will receive regulatory data rights for the soybean and corn traits previously licensed from Monsanto, enabling it to create a wide array of stacked trait combinations using traits or genetics from DuPont Pioneer or others. Monsanto will receive access to certain DuPont Pioneer disease resistance and corn defoliation patents.
What does this mean for AgVenture?
The end of licensing disputes opens up a host of next-generation seed technologies to implement into an already robust lineup of traits. The two most high-profile technologies that will become available are Genuity® Roundup Ready 2 Yield® soybeans, coming in 2014, and Genuity® Roundup Ready 2 Xtend™ glyphosate and dicamba tolerant soybeans, pending regulatory approvals in 2015.
Contact your AYS to learn more about how you can put these new advancements to work for you.
(Information used in this blog post was sourced from a DuPont Pioneer press released, dated March 26, 2013. To read the full press release, visit http://www.pioneer.com/home/site/about/news-media/news-releases/template.CONTENT/guid.EAB5E402-FECE-0123-144E-CBC62A6D8513)