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cn report: Corteva recently stated that it takes three times longer for the company to enter the Brazilian genetically modified soybean seed market than in the United States .
Corteva's sales in the United States have grown rapidly in recent years
.
Brazil's adoption of genetically modified crops has made it the world's largest marketer of soybeans for livestock feed
.
But weeds and pests have developed resistance to chemicals that these crops can withstand
.
.
But weeds and pests have developed resistance to chemicals that these crops can withstand
.
Therefore, Bayer and Corteva are working hard to convert Brazilian growers to adopt a new generation of genetically modified seed varieties that they have developed to tolerate new herbicides
.
This is related to the annual sales of billions of dollars in seeds and herbicides to the Brazilian market
.
.
This is related to the annual sales of billions of dollars in seeds and herbicides to the Brazilian market
.
Corteva launched Enlis and Co in Brazil this yearnkesta E3, the former is resistant to glyphosate, glufosinate and 2,4-D choline, and the latter is resistant to most lepidopteran pests in addition to these three herbicides
.
.
Since the start of planting genetically modified crops in the early 2000s, rival Bayer has enjoyed a relatively high market share in Brazil
.
In the 2020/2021 planting cycle, 80% of Brazilian soybeans are grown using Intacta soybeans
.
Bayer has a large network of sales personnel and has established long-term relationships with Brazilian farmers, seed developers and manufacturers, and Corteva has just established this relationship
.
.
In the 2020/2021 planting cycle, 80% of Brazilian soybeans are grown using Intacta soybeans
.
Bayer has a large network of sales personnel and has established long-term relationships with Brazilian farmers, seed developers and manufacturers, and Corteva has just established this relationship
.
Monsanto (acquired by Bayer in 2016) launched the Intacta RR2 Pro soybean seed technology with glyphosate and insect resistance in Brazil seven years ago
.
Bayer’s long-term dominance in the Brazilian seed market gives it a greater advantage.
When nkesta entered the market, a new product was launched in Brazil
.
In June of this year, Bayer launched Intacta2 Xtend soybean seed series, the successor to Intacta RR2 Pro in Brazil, which is resistant to dicamba and glyphosate and has insect resistance
.
.
Bayer’s long-term dominance in the Brazilian seed market gives it a greater advantage.
When nkesta entered the market, a new product was launched in Brazil
.
In June of this year, Bayer launched Intacta2 Xtend soybean seed series, the successor to Intacta RR2 Pro in Brazil, which is resistant to dicamba and glyphosate and has insect resistance
.
Bayer and Corteva do not produce their own seeds in Brazil
.
On the contrary, local genetic improvement companies tailor new varieties for the local market according to soil and climatic conditions.
This process may take several years
.
Then, seed manufacturers produce seeds in large quantities and sell them to farmers for planting
.
.
On the contrary, local genetic improvement companies tailor new varieties for the local market according to soil and climatic conditions.
This process may take several years
.
Then, seed manufacturers produce seeds in large quantities and sell them to farmers for planting
.
Corteva stated in an email to Reuters that it will take slightly longer for Brazil to adopt the Enlist system than in the United States because of the limited planting in Brazil
.
.
Corteva has sufficient Enlist E3 seeds.
The application of this genetically modified technology in the United States is rapidly increasing.
In 2019, Enlist can be used by US farmers after it is approved by the US regulatory agency
.
The application of this genetically modified technology in the United States is rapidly increasing.
In 2019, Enlist can be used by US farmers after it is approved by the US regulatory agency
.
Corteva was spun off in 2019 after the merger of Dow Chemical and DuPont.
In the following three years, Enlist technology occupied 35% of the soybean planting area in the United States
.
In Brazil, Corteva estimates that it will take 5 to 10 years to reach this level
.
In the following three years, Enlist technology occupied 35% of the soybean planting area in the United States
.
In Brazil, Corteva estimates that it will take 5 to 10 years to reach this level
.
Bayer stated in an email that they have used Intacta2 Xtend technology to develop more than 30 soybean seed varieties for the Brazilian market
.
This gives it an advantage over Corteva's Enlist, which has not yet been adapted to the Brazilian market by local genetic seed companies
.
.
This gives it an advantage over Corteva's Enlist, which has not yet been adapted to the Brazilian market by local genetic seed companies
.
But there is a factor that may be beneficial to Corteva
.
Dicamba is the target of US lawsuits and US government review because of the potential risk of drifting and damaging non-target crops when sprayed
.
Bayer agreed to pay up to 400 million U.
S.
dollars to settle lawsuits claimed by American landowners that crops were damaged by neighbors spraying dicamba
.
This controversy over dicamba may prompt American farmers to switch to Corteva's Enlist products, while Brazilian farmers pay close attention to the experience of using dicamba in the United States
.
.
Dicamba is the target of US lawsuits and US government review because of the potential risk of drifting and damaging non-target crops when sprayed
.
Bayer agreed to pay up to 400 million U.
S.
dollars to settle lawsuits claimed by American landowners that crops were damaged by neighbors spraying dicamba
.
This controversy over dicamba may prompt American farmers to switch to Corteva's Enlist products, while Brazilian farmers pay close attention to the experience of using dicamba in the United States
.
Corteva launches Co in Brazilnkesta E3 soybean seeds are more expensive
.
Enlist is its focus on gaining market share from Bayer
.
.
Enlist is its focus on gaining market share from Bayer
.
