06 jun: Valuta: Euro taber momentum efter Draghi-meldinger
06 jun: ¨KORR: TKD: Kirk & Thorsen Invest køber aktier for 3,7 mio. kr.
06-06-2012 15:29:00

BASF Says Drought-Tolerant Corn's Value to be Determined by Farmers

Relateret indhold

By Ian Berry

CHICAGO--The makers of the first corn genetically modified to be tolerant of drought said they are confident it will prove its value to farmers despite an environmental group's charge that it provides only modest yield gains.

The drought-tolerant corn, a collaboration between BASF SE (BAS.XE, BASFY) and Monsanto Co. (MON), is being marketed under the DroughtGard brand and is scheduled for widespread introduction in 2013.

It is being tested by 250 farmers this year, and the results will take precedent over the Union of Concerned Scientists' report that was released Tuesday, said Peter Eckes, president of BASF's plant science division.

"Farmers will trust what they see," Eckes said in an interview.

The Union of Concerned Scientists, a frequent critic of genetically modified crops, said the biotech industry has "made little real-world progress" on reducing yield losses from drought.

"Despite many years of research and millions of dollars in development costs, DroughtGard doesn't outperform the non-engineered alternatives," Doug Gurian-Sherman, a senior scientist with the group and author of the report, said in a statement Tuesday.

The group's report suggests that broader efforts to develop genetically modified drought-tolerant traits have slowed and it advocates more public funding for conventional breeding programs. It said DroughtGard, based on limited data, has performed only slightly better than conventionally bred drought-tolerant seeds.

DuPont Co.'s (DD) seed subsidiary, Pioneer Hi-Bred, is already selling a conventionally bred drought-tolerant corn, targeted for parts of the western U.S. Plains, such as Kansas, that are typically drier than the heart of the corn belt further east.

The challenge in creating a genetically modified drought-tolerant seed, the Union of Concerned Scientists said, is that it "requires the interaction of many genes," while genetic engineering can only alter a few genes at a time.

Seed company executives have said drought-tolerant seeds aren't intended to allow farmers to grow corn in the desert, or in the midst of the type of severe drought that plagued the southern U.S. Plains last year.

Eckes said criticism of DroughtGard is based on a "misunderstanding of what the product concept is." The product provides insurance to farmers against yield loss in the event of moderate drought, he said.

BASF, the world's largest chemical company, develops genetically modified crop traits, which it licenses to other companies, such as Monsanto. The German company has a broader collaboration with Monsanto to develop drought-tolerant crops.

Write to Ian Berry at ian.berry@dowjones.com

(END) Dow Jones Newswires

June 06, 2012 09:29 ET (13:29 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/åbning: Novo tager bundplacering i rødt marked

18-08-2017 09:18:37
Det danske C20 Cap-indeks fortsætter de negative tendenser fra USA og Asien og åbner med et fald på 0,6 pct. i et overvejende rødt marked, hvor særligt Novo Nordisk skiller sig negativt ud.Eliteindekset følger altså uroen fra de tre store amerikanske aktieindeks, Dow Jones, S&P 500 og Nasdaq, som torsdag dykkede markant for anden gang på tre dage, samt de asiatiske markeder, der ligeledes overveje..

Aktier/tendens: Fald i vente efter terror og Trump-tvivl

18-08-2017 08:17:03
På en fredag med få regnskaber lugter det af fald på det danske aktiemarked, efter de amerikanske børser torsdag løb ind i en større nedtur, som fredag også viser sig i Asien.De tre store amerikanske aktieindeks, Dow Jones, S&P 500 og Nasdaq, dykkede torsdag markant for anden gang på blot tre dage og endte med fald i intervallet 1,2-1,9 pct. efter tvivl om Donald Trumps evne til at gennemføre de l..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Fald i vente efter terror og Trump-tvivl
2
Torsdagens aktier: GN trak stikket hjem - ISS og Vestas helt i bund
3
Efter våd sommer: Nu er højsæsonen for dårlige afkast over os
4
Aktier/åbning: Novo tager bundplacering i rødt marked
5
Aktier/middag: Rebound til Vestas og ISS og endnu højere kurs til GN

Relaterede aktiekurser

E.I. du Pont de Nemours .. 80,68 -0,2% Fald i aktiekurs
Monsanto Company 116,51 -0,5% Fald i aktiekurs
Basf SE Basf SE REG SHS 81,05 -0,6% Fald i aktiekurs
Basf N 93,25 1,4% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
18. august 2017 16:23:06
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20170808.1 - EUROWEB3 - 2017-08-18 16:23:06 - 2017-08-18 16:23:06 - 1 - Website: OKAY