Biotech Updates

Bayer CropScience to Set up Australian Breeding Center for Wheat and Oilseeds

August 10, 2012

Bayer CropScience will invest EUR 12M to establish a breeding center on wheat and oilseeds in Western Victoria, Australia. It hopes to develop new varieties with higher yields and productivity improvements tailored to Australian conditions.

 "With the demand for wheat and oilseeds growing worldwide, we drive our efforts towards producing new high-yielding varieties that are better able to withstand pests, diseases and able to thrive under environmental stresses like drought," said Dr. Mathias Kremer, Head of the BioScience business unit at Bayer CropScience. Australia is one of the largest exporters of agricultural products and ranks as the 3rd largest exporter for wheat and the 2nd largest for oilseeds.

The Bayer CropScience press release is at
http://www.bayercropscience.com/bcsweb/cropprotection.nsf/id/EN20120808?open&l=EN&ccm=500020