Bayer CropScience, RAGT joint venture wheat improvement

Bayer CropScience, RAGT joint venture for wheat improvement

10:37 AM, 28th June 2011
Bayer CropScience, RAGT joint venture for wheat improvement
Sandra E Peterson, Chairman and CEO of Bayer CropScience.

 

MONHEIM, GERMANY: Bayer CropScience and RAGT Semences S A S, based in Rodez, France, have signed a license and co operation agreement. Under the agreement, RAGT grants Bayer CropScience access to winter wheat germplasm and associated molecular markers. The French company has one of the strongest winter wheat breeding programmes in Europe. In addition, both companies will explore joint projects to further improve wheat breeding and RAGT will have options to license wheat traits from Bayer CropScience. Financial details of the venture were not disclosed.

“This agreement will help to improve sustainable cereal production with superior solutions based on our leading crop protection portfolio, agricultural service solutions and best in class wheat varieties. These solutions will enable growers to increase the productivity of wheat in a sustainable way addressing challenges like climate change,” said Sandra E Peterson, Chairman and CEO of Bayer CropScience.

“This agreement represents a major step for RAGT in further expanding its solid position in the European wheat seed market,” said Daniel Segonds, Chairman,  RAGT.

Wheat is a key crop for both partners that deserves huge research efforts involving both conventional and new breeding techniques in order to address the future challenges in agriculture. Wheat is the second most-produced cereal crop after corn with more than 650 million tonne produced every year. Wheat productivity is increasing at less than 1 per cent annually, while the annual global demand is growing at approximately double that percentage.

(C) WOC News

 

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