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Bayer CropScience making changes to LibertyLink system

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Canada
July 17, 2009

Bayer CropScience will be lowering the price of Liberty® herbicide while at the same time increasing the LibertyLink® canola seed bag cost on an equal basis. Shifting the cost from the herbicide to the seed will make Liberty more affordable and flexible. Liberty herbicide will become more cost-effective as a resistance management tool with a lower cost for a 2-pass option and/or higher labeled rate option, where required.

Starting with seed bookings for the 2010 growing season this fall, the price on a bag of InVigor® hybrid canola will increase while the price of the Liberty herbicide needed for the system will decrease significantly as an offset. The net result is the same cost (based on Suggested Retail Price) to growers. Growers will also be required to sign a one-time Liberty & Trait Agreement accompanying this change.

"Our goal is to increase the grower's overall satisfaction with the LibertyLink system," said Blaine Woycheshin, Liberty & Trait Agreement Manager for Bayer CropScience. "Making Liberty more economical makes it an even stronger resistance management tool."

"This shift also recognizes the value created by our traits and technologies, which has a direct payback to growers and the canola industry," noted Rod Merryweather, North American Oilseeds Business Operations Manager. He also pointed out that InVigor hybrid canola continues to lead as the top yielding hybrids in the independent Prairie Canola Variety Trials over the last 10 consecutive years.

This change will also occur with Liberty herbicide and LibertyLink soybeans in Eastern Canada.

Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Bayer CropScience AG, a subsidiary of Bayer AG with annual sales of about EUR 6.4 billion (2008), is one of the world's leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and plant biotechnology. The company offers an outstanding range of products and extensive service backup for modern, sustainable agriculture and for non-agricultural applications. Bayer CropScience has a global workforce of about 18,000 and is represented in more than 120 countries. Further information on Bayer CropScience Canada is available at: www.bayercropscience.ca
 

 

 

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