Following strong second quarter results, Bayer's Fields of Opportunity Technology Showcase highlights cutting-edge technologies and pipeline solutions expected to propel farmer productivity, sustainability, and company growth / Featured breakthrough innovations include Bayer's new herbicide molecule, the Smart Corn System featuring Short Stature Corn, and CoverCress(TM), a renewable cover crop offering growers increased opportunities for carbon sequestration and biodiesel production / Showcase also includes recently launched, next-generation technologies such as SmartStax® PRO with RNAi Technology, Intacta 2 Xtend® and Xtendflex® Soybeans DESCRIPTION:
"Today we spotlight technologies designed to reduce agriculture's impact on the environment, increase food security and help farmers combat the continued pressure of climate change on our global ecosystems," said
With an annual industry leading R&D investment of more than
* Further expansion of ThryvOn(
* Plans for hundreds of on-farm pilot plots of Short Stature Corn hybrids in
* Following the company's recently announced increased investment, Bayer will highlight CoverCress(TM), a renewable oilseed and animal feed crop with an annual winter growth cycle allowing its use in between corn and soybean rotations. CoverCress(TM) will help deliver on Bayer's sustainability commitments and may open additional revenue streams for growers.
In addition to products yet to be launched, the company notes key updates on recently launched next-generation technologies. Growth across programs and products advancing in the pipeline include:
* The launch of the next-generation technology Intacta 2 Xtend® offers a significant performance advantage for Brazilian soybean farmers delivering about 2.9 bushels more per acre compared to similar varieties on the market. Bayer leads the industry in protecting soybean yield against insect and weed pressure with the third-generation technology in Phase 3 and the fourth generation moving to Phase 1.
* The company also reaffirmed performance advantages of critical fungicides such as Fox® Supra for soybeans in
* Additionally, Bayer is making progress in bringing the first new herbicide mode of action in the past 30 years for post-emergent control of weeds across all major row crops. Currently in Phase 3, the technology is showing excellent performance.
* The Bayer Carbon program continues to develop across 10 countries. Bayer PRO Carbono, the largest carbon program in
* Increasing adoption of the number one brand in digital ag, Climate FieldView(TM), is now on more than 200 million acres in 23 countries around the world as Bayer continues to lead the digital transformation of agriculture. The next frontier of value creation is about more than bringing better individual inputs, but rather in digitally enhancing those solutions to optimize yields, create efficiencies and improve returns.
"Bayer's advancements in agriculture are incredibly powerful, scientific solutions designed for farmers of all scales in all geographies and are made possible through our continued progress in developing digital tools," said
About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2021, the Group employed around 100,000 people and had sales of
You can find video material about the topic here https://youtu.be/ItsreUf6Vpw
Follow us on twitter.com/bayer
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.Jerseyville, IL,
"Today we spotlight technologies designed to reduce agriculture's impact on the environment, increase food security and help farmers combat the continued pressure of climate change on our global ecosystems," said
With an annual industry leading R&D investment of more than
* Further expansion of ThryvOn(
* Plans for hundreds of on-farm pilot plots of Short Stature Corn hybrids in
* Following the company's recently announced increased investment, Bayer will highlight CoverCress(TM), a renewable oilseed and animal feed crop with an annual winter growth cycle allowing its use in between corn and soybean rotations. CoverCress(TM) will help deliver on Bayer's sustainability commitments and may open additional revenue streams for growers.
In addition to products yet to be launched, the company notes key updates on recently launched next-generation technologies. Growth across programs and products advancing in the pipeline include:
* The launch of the next-generation technology Intacta 2 Xtend® offers a significant performance advantage for Brazilian soybean farmers delivering about 2.9 bushels more per acre compared to similar varieties on the market. Bayer leads the industry in protecting soybean yield against insect and weed pressure with the third-generation technology in Phase 3 and the fourth generation moving to Phase 1.
* The company also reaffirmed performance advantages of critical fungicides such as Fox® Supra for soybeans in
* Additionally, Bayer is making progress in bringing the first new herbicide mode of action in the past 30 years for post-emergent control of weeds across all major row crops. Currently in Phase 3, the technology is showing excellent performance.
* The Bayer Carbon program continues to develop across 10 countries. Bayer PRO Carbono, the largest carbon program in
* Increasing adoption of the number one brand in digital ag, Climate FieldView(TM), is now on more than 200 million acres in 23 countries around the world as Bayer continues to lead the digital transformation of agriculture. The next frontier of value creation is about more than bringing better individual inputs, but rather in digitally enhancing those solutions to optimize yields, create efficiencies and improve returns.
"Bayer's advancements in agriculture are incredibly powerful, scientific solutions designed for farmers of all scales in all geographies and are made possible through our continued progress in developing digital tools," said
About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2021, the Group employed around 100,000 people and had sales of
You can find video material about the topic here https://youtu.be/ItsreUf6Vpw
Follow us on twitter.com/bayer
Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
Tweet me: .@Bayer4Crops puts its industry-leading offerings in crop protection, seeds & traits, and digital farming tools on display today at its Fields of Opportunity Technology Showcase
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