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New Deal for Seed.
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Farm Journal
- Article date:
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January 23, 2005
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Copyright informationCOPYRIGHT 2005 Farm Journal Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Andrew Burchett
When it comes to seed corn, Pioneer Hi-Bred International Inc. and the brands owned by Monsanto and Syngenta account for about two-thirds of the market. The rest of the market is served by scores of smaller seed companies that must license genetics and traits from outside sources. This requires partnering with a larger company, and lately, there's pressure to sell.
In a bid to shake things up, Syngenta launched a genetics- and trait-licensing business to serve independent companies. In theory, this creates competition with Monsanto, which licenses genetics and traits to companies selling 35% of all seed corn.
Though independent seed ...
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