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.