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Syngenta continues to invest in ‘the long view’
Seed and crop protection companies continue to invest in
technology despite the difficulty caused by the 2019 growing season. Syngenta puts
$1.4 billion annually into research and development, according to David
Hollinrake, president of Syngenta Seeds. The company will add more agronomists
to engage with growers, said Hollinrake, adding, “technology is a hard game.”
“It takes about 11 years, about $150 million to introduce a new biotech trait,
as an example; it takes about the same amount of time and about $275 million to
introduce a new crop protection product,” Hollinrake told Brownfield Ag News. “You
really have to have that long view in order to bring that innovation that
farmers so dearly need,”
Hollinrake talked to Brownfield at the Golden Harvest, Precision Planting field
day at Pontiac, Illinois, Monday.
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