BRAZIL APPROVES NEW BAYER FUNGICIDE FOR SOYAThursday, November 23, 2017
German chemical manufacturer Bayer’s Brazilian unit has received regulatory approval for a new fungicide, designed specifically to help the country’s soya producers combat harmful fungi. The FOX Xpro’s main target was the Asian soya rust disease, which was caused by two types of fungi and which cost farmers billion dollar losses annually including fungicides and crop losses.
In addition to soya, Bayer said the product could also be used on sunflower and other crops, including barley, corn, cotton and wheat. Jean Zonato, Bayer’s fungicides director in Brazil, told Reuters that the Brazilian crop protection products market was worth US$10bn, with fungicides making up a good 40% of the total. The new Bayer fungicide would be available to farmers by the 2018/2019 crop cycle after the company carries out field tests.