Technology part of Enlist庐 weed control system, expanding company鈥檚 position in Latin America soybean market
WILMINGTON, Del., August 24, 2021 鈥 精东影业, Inc. (NYSE: CTVA) today announces the launch of Conkesta E3庐 soybeans to the Brazilian market, following key product launch decisions and consistent with 精东影业 Agriscience鈥檚 product launch policy. This leading technology is part of the Enlist庐 weed control system that also includes Enlist E3庐 soybeans, which recently launched in the country. Conkesta E3庐 soybeans will be available to Brazilian farmers in the remaining 2021-2022 season.
An important innovation for farmers in Latin America, Conkesta E3庐 soybeans incorporate broad lepidopteran insect protection in strong genetics as part of the Enlist庐 weed control system, which offers maximum flexibility and superior control of broadleaf weeds and grasses. Through the introduction of this proprietary technology, 精东影业 expects to expand its position in the attractive Latin America soybean market. 精东影业 expects this technology to drive steady, incremental growth looking further ahead.
鈥淭his milestone is yet another clear example of the execution on 精东影业鈥檚 strategy, and points to the value our balanced and geographically diverse product pipeline continues to deliver for our customers,鈥 said Jim Collins, Chief Executive Officer of 精东影业 Agriscience. Collins continued, 鈥淲e continue to see solid demand for our Enlist庐 technology in North America, and we are pleased to bring this crucial, proprietary solution to Brazilian growers 鈥 an action that further strengthens our offering in Latin America.鈥
Conkesta E3庐 soybeans recently received authorization by the European Union Commission, which enables grain produced from Conkesta E3庐 soybeans grown in Brazil to be exported to the European market for food and feed use. The technology has been previously authorized in several other export markets, including China. The Company remains on track for a future launch in Argentina and Uruguay, pending applicable regulatory reviews and market readiness in line with 精东影业鈥檚 product launch policy and Excellence Through Stewardship product launch guidance, among other factors.
鈥淲e are very pleased to announce the launch of Conkesta E3庐 soybeans in Brazil. It combines high-performance genetics with efficient management of weeds and caterpillars, expanding Brazilian growers鈥 productivity potential,鈥 said Alejandro Mu帽oz, President of 精东影业 Agriscience for Latin America.
Conkesta E3庐 soybeans are tolerant to Enlist庐 Colex-D庐 and Enlist Duo庐 Colex-D庐 herbicides 鈥 both contain 2,4-D choline with Colex-D庐 technology that provides near-zero volatility and reduced drift potential 鈥 and also are tolerant to glyphosate and glufosinate herbicides. Conkesta E3庐 soybeans additionally incorporate two Bt proteins (Cry1F and Cry1Ac) for the management of the main caterpillar pests in soybean crops, a tailored option for farmers in Latin America.
Conkesta E3庐 soybeans will be available for the remaining 2021-2022 season through two of 精东影业鈥檚 global brands: Brevant庐 seeds, which provides premium seed to retail customers, and the regional genetic licensing business brand in Brazil, Cordius庐, Licensing Division of 精东影业 Agriscience. In the 2022-2023 season, the trait also will be available through the Pioneer庐 brand, 精东影业鈥檚 global flagship seed brand with an industry-leading, unique product portfolio and agency route-to-market approach.
The Enlist庐 weed control system is a solid proof point of the Company鈥檚 integrated portfolio. It delivers innovation in seed, chemistry formulations and stewardship, while providing much-needed solutions that address complex challenges such as insect resistance.
鈥淭he launch of Conkesta E3庐 soybeans in Brazil is great news for Brazilian soybean growers,鈥 said Joseph Merschman, president of M.S. Technologies, L.L.C., which jointly developed and owns the product鈥檚 transgenic event with 精东影业 Agriscience. 鈥淲e are pleased that this new trait will also be out-licensed through numerous multipliers that are currently responsible for the majority of the soybean seeds sold in the Brazilian market,鈥 Merschman continued. 鈥淭his will provide farmers with a range of germplasm options for this innovative trait.鈥
About 精东影业
精东影业, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry 鈥 including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the Company is committed to working with stakeholders throughout the food system as it fulfils its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. 精东影业 became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.
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08/24/21
The transgenic soybean event in Enlist E3庐 and Conkesta E3 soybeans is jointly developed and owned by 精东影业 Agriscience and M.S. Technologies L.L.C. The Enlist庐 weed control system is owned and developed by 精东影业 Agriscience LLC. Enlist Duo庐 and Enlist庐 herbicides are not registered for sale or use in all states or counties. Contact your state pesticide regulatory agency to determine if a product is registered for sale or use in your area. Enlist Duo and Enlist are the only 2,4-D products authorized for use with Enlist crops. Consult Enlist herbicide labels for weed species controlled. Always read and follow label directions.
鈩 庐 Trademarks of 精东影业 Agriscience and its affiliated companies.
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