Syngenta and Gavilon bring advanced seed technology and grain marketing
confidence to corn farmers for 2014
- Agrisure Duracade™ introductory launch program "Right to Grow" offers
farmers step-change in corn rootworm control and 2014 grain marketing options
- Program demonstrates supply chain's capability to expand beyond basic
commodity model in grain marketing
MINNETONKA, Minn., Feb. 20, 2014
MINNETONKA, Minn., Feb. 20, 2014 /PRNewswire/ --Syngenta announced today an
agreement with Gavilon Grain, LLC that provides grain marketing opportunities
for farmers who choose to plant Agrisure Duracade, the cutting-edge corn
rootworm (CRW) control technology that has been approved in the U.S.
For farmers participating in the innovative "Right to Grow" program, Gavilon
will accept Agrisure Duracade grain at market price while providing
stewardship and distribution services for producers.
"Our unique program will help farmers remain competitive while navigating a
more complex global supply chain," said David Morgan, President, Syngenta
Seeds, Inc. "The 'Right to Grow' program is a collaborative effort, giving
farmers the choice to adopt new technology with the confidence of knowing they
have options for marketing their grain."
"In supporting farmers who choose to grow Agrisure Duracade, we will
demonstrate the supply chain's capability to expand beyond the basic commodity
model in grain marketing, which is the future of market access for U.S.
grains," said Jim Anderson, Gavilon chief operating officer.
"We are pleased to see Syngenta's efforts to administer a limited trait
release of Agrisure Duracade that seeks to balance the importance of
maintaining farmers' access to technology while maintaining markets for U.S.
corn," said Martin Barbre, President of the National Corn Growers Association
(NCGA). "NCGA consistently strives to optimize opportunities for U.S. corn
growers and values efforts from parties across the value chain to support
achievement of our goals."
NCGA will provide information regarding the status of import approvals with
key importing markets and reference stewardship plans in place through its
Know Before You Grow website as they become available.
"As it is in the best interest of corn farmers andthe value chain as a whole,
NCGA strongly encourages all farmers to consult with their seed providers and
their first purchasers when making planting decisions," added Barbre.
Agrisure Duracade is Syngenta's next-generation CRW trait, offering unmatched
corn insect control in two trait stack options for above- and below-ground
insect control. Agrisure Duracade technology features the industry's first
hybrid Bt protein and is the first trait technology to be launched with trait
preservation in mind.
For more information about Agrisure Duracade and the "Right to Grow" program
from Syngenta and Gavilon, visit www.agrisureduracade.com.
Syngenta is one of the world's leading companies with more than 28,000
employees in over 90 countries dedicated to our purpose: Bringing plant
potential to life. Through world-class science, global reach and commitment to
our customers we help to increase crop productivity, protect the environment
and improve health and quality of life. For more information about us please
go to www.syngenta.com.
About Gavilon Grain, LLC
Gavilon Grain, LLC is a subsidiary of The Gavilon Group, LLC, which is a
wholly owned subsidiary of Marubeni Corporation. Headquartered in Omaha, Neb.,
The Gavilon Group, LLC connects producers and consumers of feed, food and
fuel, linking agricultural supply with demand through its global supply chain
network. The company provides origination, storage and handling,
transportation and logistics, marketing and distribution, and risk management
services to customers and suppliers across the globe. Gavilon employs 1,800
people in more than 300 facilities and offices worldwide. For more
information, please visit www.gavilon.com.
Cautionary Statement Regarding Forward-Looking Statements
This document contains forward-looking statements, which can be identified by
terminology such as 'expect', 'would', 'will', 'potential', 'plans',
'prospects', 'estimated', 'aiming', 'on track' and similar expressions. Such
statements may be subject to risks and uncertainties that could cause the
actual results to differ materially from these statements. We refer you to
Syngenta's publicly available filings with the U.S. Securities and Exchange
Commission for information about these and other risks and uncertainties
including the "Risk Factors" in our Annual Report on Form 20-F. Syngenta
assumes no obligation to update forward-looking statements to reflect actual
results, changed assumptions or other factors. This document does not
constitute, or form part of, any offer or invitation to sell or issue, or any
solicitation of any offer, to purchase or subscribe for any ordinary shares in
Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on
in connection with, any contract thereof. Agrisure Duracade™ and the Syngenta
logo are trademarks of a Syngenta Group Company.
Contact: Staci Monson, 612-656-8545, firstname.lastname@example.org; or Amanda
Rembold, 312-648-6700, email@example.com
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