Verdeca Introduces HB4® Drought Tolerant Soybeans to Growers at Argentina’s Expoagro
-- Highly favorable response to pre-commercial introduction of HB4 technology --
The HB4 trait is Verdeca’s first release from a pipeline of yield and quality traits and demonstrates the company’s ability to bring innovation to soybean growers. The result of years of R&D, HB4 soybean varieties reduce yield loss when the crop is challenged by drought.
More than 1,200 attendees toured the Verdeca pavilion and field plots to see HB4 soybeans. Growers visiting the Verdeca pavilion signed on to the company’s Bio-Innovator program, which grants priority access to test HB4 soybean varieties in their fields.
"After the worst drought of the last 50 years, soybean growers are
keenly aware of the difficulties in maintaining high yields in the face
of climate uncertainty," said
In addition to drought tolerance, HB4 soybeans also offer resistance to glufosinate, a broad-spectrum herbicide used to control a wide range of weeds. Field plots at Expoagro demonstrated the effectiveness of the trait plus herbicide combination to control weeds in plots artificially infested with Amaranthus sp., volunteer corn and other grasses.
“Farmers have responded favorably to the pre-commercial introduction of
our HB4 technology, reinforcing the market demand and potential for
climate resilient crops,” said Raj Ketkar, president and CEO of
Verdeca, a U.S.-based joint venture between
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially, and reported results
should not be considered as an indication of future performance. These
risks and uncertainties include, but are not limited to: Arcadia’s and
its partners’ and affiliates’ ability to develop commercial products
incorporating their traits, and complete the regulatory review process
for such products; Arcadia’s compliance with laws and regulations that
impact Arcadia’s business, and changes to such laws and regulations;
Arcadia’s future capital requirements and ability to satisfy its capital
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