Buenos Aires, Argentina
May 7, 2013
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Under the Trigall Genetics name, the venture is targeting a 2016 launch for high yielding wheat varieties with HB4® technology, a trait shown to increase yield particularly in conditions of drought or salt stress. To launch this first product, the parties have committed U$S10M.
According to François Desprez, president of Florimond Desprez and a director of the new venture: “Trigall Genetics seeks to strengthen the yield potential of Florimond Desprez’s demonstrated genetics for the region, with Bioceres’ next generation technologies developed for this crop.”
“We believe that HB4® technology will help increase yield-floors in areas where crops are unreliable due to soil salinity or frequent water deficits,” stated Claudio Dunan, director of strategy for Bioceres and a member of Trigall Genetics’ management team.
It is estimated that HB4® technology will increase average crop yields between 10 to 15%, without affecting performance under favorable production conditions. This benefit results in U$S 80 to U$S 150 of extra income per hectare at current wheat prices, depending on the production territory. Trigall Genetics initial marketing plans include production areas of Argentina, Brazil, Uruguay and Paraguay.
Wheat is one of the most important crops worldwide, with approximately 200M hectares planted every year. Latin-American farmers plant about 10M hectares annually.
With slightly over 50M hectares planted every year, Latin America represents about 40% of the global market for genetically engineered crops.
About Florimond Desprez:
Florimond Desprez is an independent and family-owned French company that has been developing wheat varieties matching farmer expectations since 1830. The group is currently the world leader in sugar beet seed and is among the leaders in cereal seeds, with an annual turnover of €230M – of which 17% is reinvested every year in R&D activities. Florimond Desprez has been developing wheat varieties for Latin America for more than ten years, with blockbuster success with varieties such as Nogal. The group employs 805 people.
About Bioceres:
Bioceres is an Argentina-based company that manages investments in agricultural biotechnology and related sciences. The company is open to new shareholders with a common dream: developing technologies that help use natural resources in a more efficient way while increasing and stabilizing the productivity of agro-ecosystems. Bioceres was started by local farmers and is now owned by more than 260 shareholders, most of them innovative farmers but also Coops and different actors from the agro-industrial sector. Every year, Bioceres shareholders plant about 2.5M hectares in different regions of Latin America. Bioceres has committed U$S50M in ag-biotech R&D for the 2012-2016 period, with the introduction of the HB4® technology to soybean, wheat, maize and alfalfa, as the main focus for this investment.
Florimond Desprez et Bioceres créent Trigall Genetics pour développer et commercialiser en Amérique du Sud des variétés de blé incorporant des biotechnologies de seconde génération
Trigall Genetics, joint-venture créée entre Florimond Desprez et Bioceres, vise le lancement en 2016 de variétés de blé à haut rendement incorporant la technologie HB4 ®, un trait qui confère un avantage de rendement en conditions de stress hydrique et de salinité excessive. Pour lancer ce projet, les partenaires ont engagé 10 millions de dollars US.
Selon François Desprez, Président de Maison Florimond Desprez : « Trigall Genetics vise à renforcer le potentiel de rendement o ert par la génétique de Florimond Desprez dans la région grâce aux technologies de nouvelle génération développées par Bioceres pour le blé. »
« Nous croyons que la technologie HB4 ® permettra d'augmenter le rendement plancher dans les zones où la culture du blé n’est pas su samment rentable en raison de la salinité du sol
ou des dé cits en eau fréquents », a déclaré Claudio Dunan, Directeur de la stratégie de Bioceres et membre de l'équipe de direction de Trigall Genetics.
On estime que la technologie HB4 ® va permettre d’augmenter les rendements moyens de 10 à 15 %. Cet avantage se traduit par un revenu supplémentaire par hectare de 80 à 150 dollars US au prix du blé en vigueur, selon les zones de production. Le plan de développement initial de Trigall Genetics concerne l’Argentine, le Brésil, l’Uruguay et le Paraguay.
Le blé est l'une des cultures les plus répandues au monde, avec environ 200 millions d'hectares semés chaque année. Les agriculteurs sud-américains en sèment environ 10 millions d’hectares. Avec un peu plus de 50 millions d’hectares chaque année, l'Amérique du Sud représente environ 40 % du marché mondial des cultures génétiquement modi ées.
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