ST. LOUIS & WILMINGTON, Del.--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) and DuPont (NYSE: DD) today announced a multi-year dicamba supply agreement for the U.S. and Canada. Terms of the agreement were not disclosed.
“This agreement represents continued commitment to the Roundup Ready® Xtend Crop System,” said Mike Frank, Monsanto vice president, chief commercial officer. “Low-volatility dicamba formulations with VaporGrip™ Technology are designed to give soybean farmers additional tools to control glyphosate-resistant and tough-to-control broadleaf weeds.”
“For several years, DuPont has been testing a solutions-based approach to optimizing weed control using this novel soybean trait and dicamba formulation technology,” said Tim Glenn, president, DuPont Crop Protection. “We are seeing excellent results in improved control of weed populations, including those resistant to a number of herbicide modes of action. This advance will help farmers manage weed competition while improving crop safety as they work to increase production to meet global food demand.”
DuPont will sell its new herbicide as DuPont™ FeXapan™ herbicide plus VaporGrip™ Technology.
Since 1967, dicamba has helped farmers manage broadleaf weeds, which are a key pest in agricultural operations around the world, limiting crop access to nutrients, sunlight and water. Various dicamba formulations have been developed over time to help reduce potential volatilization while delivering improved weed control and greater application flexibility. Dicamba has a decades-long history of effective use in the U.S. and 25 other countries in corn, wheat, fallow and pasture land; on conservation tillage acres; and for residential lawn care.
About Monsanto Company
Monsanto is committed to bringing a broad range of solutions to help nourish our growing world. We produce seeds for fruits, vegetables and key crops – such as corn, soybeans, and cotton – that help farmers have better harvests while using water and other important resources more efficiently. We work to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimize damage from pests and disease. Through programs and partnerships, we collaborate with farmers, researchers, nonprofit organizations, universities and others to help tackle some of the world’s biggest challenges. To learn more about Monsanto, our commitments and our more than 20,000 dedicated employees, please visit: discover.monsanto.com andmonsanto.com. Follow our business on Twitter® at twitter.com/MonsantoCo, on the company blog, Beyond the Rows® atmonsantoblog.com or subscribe to our News Release RSS Feed.
About DuPont
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials and services since 1802. The company believes that by collaborating with customers, governments, NGOs and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.
