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After first year, Syngenta's Agrisure corn traits resonate with growers
Golden Valley, Minnesota
March 3, 2006

Going into its second year with Agrisure™ Corn Traits, Syngenta reports that the Agrisure offering is moving the company towards its goal of becoming a new choice in biotech seed for growers.

Agrisure genetically modified traits for corn were introduced globally by Syngenta in 2005 in NK® Brand, Garst® and Golden Harvest® brands and through the GreenLeaf Genetics™ licensing business of Syngenta, bringing a new level of choice to growers.

“We are pleased with the acceptance of Agrisure traits by corn growers after one year on the market, but this is just a start,” said Jack Bernens, head of the Syngenta Agrisure business. “We are projecting a strong surge for Agrisure over the next two years, particularly with the introduction in 2007 of our new trait for corn rootworm control, along with new stacks of traits.”

Global corn and soybean seed sales for Syngenta more than doubled to $880 million in 2005, representing 11 percent of the company’s record-setting $8.1 billion in global sales.

The Syngenta Agrisure lineup includes Agrisure CB, which protects corn plants from damage by European corn borer; Agrisure GT, which provides tolerance to glyphosate herbicides; and Agrisure GT/CB, a stack of the two traits.

Syngenta’s corn rootworm event, MIR604, is in final stages of approval by the Department of Agriculture, Food and Drug Administration and Environmental Protection Agency. Syngenta expects to market the corn rootworm trait as Agrisure RW and stacks of the trait through elite hybrids of its Garst, Golden Harvest, and NK brands to growers in the U.S. market for planting in the 2007 season.

Syngenta estimates the value of the current trait market in corn at $400 million and to approach $1 billion by 2010. The company expects Agrisure traits to represent a significant percentage of this total value.

“Corn growers are looking ahead to more genetically modified traits, individually and in stacks,” Bernens said. “Traits are just part of the overall agronomics of corn production, and growers are looking to us for the complete package of genetics, traits and crop protection chemistry. That’s why Syngenta offers the AgriEdge™ corn program in conjunction with Agrisure traits to assure top production on their acres.”

AgriEdge provides growers flexibility to choose from a wide range of crop protection products for insect control and crop tolerance to herbicides. When using Agrisure GT for crop tolerance to glyphosate herbicides, growers can use any brand of glyphosate they choose.

Bernens emphasizes that the broad base of quality germplasm available to the seed companies of Syngenta and licensed to other seed companies by GreenLeaf Genetics underpins the Agrisure traits portfolio. Syngenta is accelerating the pace of introgression of traits into its best germplasm.

“Traits make our best genetics better,” Bernens said. “With Agrisure traits in quality germplasm, we are providing growers with what they want most – more choices and flexibility in the way they grow corn.” 

Syngenta is a world-leading agribusiness committed to sustainable agriculture through innovative research and technology. The company is a leader in crop protection, and ranks third in the high-value commercial seeds market. Sales in 2005 were approximately $8.1 billion. Syngenta employs some 19,000 people in over 90 countries. Syngenta is listed on the Swiss stock exchange (SYNN) and in New York (SYT).

* MIR604, the corn rootworm event, is not currently registered for sale or use in the United States and is therefore not being offered for sale. This news release does not constitute an offer for sale. This product will not be available for sale until the EPA has approved registration and all necessary authorizations have been granted.

Agrisure™, AgriEdge™, GreenLeaf Genetics™ and NK® Brand are trademarks of a Syngenta Group Company.
Garst® is a registered trademark of Garst Seed Company.
Golden Harvest® is a registered trademark of Golden Harvest Seed Company.

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