Syngenta Canada to Focus on Soybeans and a Rebuild of Corn
Syngenta Canada is shifting its focus to two verticals - to concentrate on both non-GMO and GMO soybeans, and to rebuild its market presence in corn. The decision follows slow progress toward a new royalty model in the country, prompting the company to recently exit the cereal breeding business in Canada.
The company had previously invested significant capital to develop its corn varieties under its NK seed brand to become a market leader and the first to introduce BT corn. Meanwhile its NK3030 was one of the first hybrids to consistently deliver more than 200 bushels per acre. Building on this legacy, Syngenta has hired a production selection scientist to expand its trials program and offerings.
Initially, the geographic scope will be on Eastern Canada, however, it is possible some products developed for the Quebec market could transition to Western Canada at a later date.