IBJNews

Dow Agro thinks it has a winner

Back to TopCommentsE-mailPrintBookmark and Share

Dow AgroSciences LLC is tooting its own horn, but its latest product really could be a great leap forward in farming productivity.

The Indianapolis-based company released more details this month about its Enlist Weed Control System, which would genetically modify corn, soybeans and cotton to be resistant to one of the most common weedkillers: 2,4-D.

That’s significant because more weeds have developed that are resistant to the leading weedkiller, Round-Up, and its generic knock-offs. According to a survey by Farm Journal, nearly half of farmers have a problem with these weeds now and nearly three-quarters believe they will within a decade.

Using 2,4-D could help, but it can’t be applied during the critical growth phase without harming young crop plants, said Dow spokeswoman Kenda Resler-Friend. But if weeds are allowed to grow too long before weedkiller is applied, they will sap crops of needed water and sunlight, reducing the yield.

Also, farmers have to spend more money or time to come back a second time to spray crops with 2,4-D after already spraying them with Round-Up.

So Dow Agro has come up with a two-pronged approach. First is the genetic trait that will be added to the seeds of corn, soybean and cotton to make them resistant to 2,4-D—even in the early growing stages.

Then Dow has created a mixable combination of generic Round-Up and 2,4-D that can be applied in one pass. Dow’s scientists also have added a chemical called choline to 2,4-D to reduce its volatility, making it less likely to blow onto other crops not protected by the resistant gene.

Dow is still awaiting regulatory approval of its new product and doesn’t expect to introduce its Enlist-brand weed control system until 2013. When it does, it will sell the product itself as well as license it to other companies. Pioneer, an Iowa-based subsidiary of DuPont, already has signed on to use the Enlist technology in its soybean products.

Dow also hopes to sell Enlist in Argentina, Brazil and Canada.

Dow expects Enlist could earn $1 billion, in today’s dollars, over its life cycle.

“Enlist represents a system approach that integrates our chemistry and biotechnology expertise. It will offer farmers unsurpassed flexibility, convenience and value,” Dow Agro CEO Antonio Galindez told a group of investors in London last week.

Dow Agro also intends to offer seeds that include the Enlist genetic trait along with its SmartStax traits, which control against insects. Dow Agro launched SmartStax last year, after buying a series of seed distribution companies to help its sales. Dow is also distributing SmartStax thorugh a partnership with St. Louis-based Monsanto Co., the seed industry giant.

The SmartStax launch helped Dow Agro boost revenue and profits last year. In the fourth-quarter of 2010, the company pulled in $1.3 billion in revenue, a 20-percent jump from the same quarter a year ago.

Earnings before interest, taxes, depreciation and amortization totaled $72 million in the quarter, up more than 4 percent from the same quarter the year before.

ADVERTISEMENT

  • I don't believe Dow is not after your best interests
    It is sad to see that anyone could call this a winner. We will all lose. I don't think that Dow is looking after our best interests. I think that it only wants our money.
  • OtTheSoil
    I understand that an Indianapolis business journal may want to support one of it's own. But to so blatantly show such a bias toward one side of a such a hot potato issue as genetically modified foods is journalistic irresponsibility at its worst.

    2,4-D is an extremely toxic herbicide. Do your research. To introduce these seeds as a solution to the herbicide resistant weeds that are the result of Round-up Ready GMO crops and the extensive use of Round-up is akin to re-arranging the deck chairs on the Titanic while setting off dynamite in the whole in the hull.

    Dow execs and shareholders will drown with the rest of us but with a good view of the ocean as the ship goes down.

    We have become a nation of arrogant, ignorant, self-destructive idiots. The IBJ may want to consider rising above the ignorant masses and actually publishing some truth now and again. We don't need more deck hands lining up the deck chairs, we need honest folks manning the lifeboats.
  • gotta agree
    ...with Thaddeus, this 'article' sounds like it was issued straight out of the propoganda dept. of Dow Chemical...the only thing this new Frankenfood 'product' of theirs will do is hasten the extinction of human life on the planet, if you're not aware of the inherent dangers of this type of genetic 'modification' Mr. Wall, then you might want to seek out an expert on the subject before publishing this propoganda
  • Journalism or Marketing
    I would like to ask J.K. Wall if he/she is a journalist or a marketer for Dow and Monsanto. I understand that this is a business journal, but the entire article was an advertisement for the forthcoming GMO products. Is this another example of the deterioration of the ethic of journalism or simply shoddy, one-sided reporting?
    • A Winner?
      2,4-D is an ingredient in AGENT ORANGE, used in Vietnam. Read AGENT ORANGE "Collatera Damage" in Vietnam. It is a horror story with photos of the effects of Agent Orange and 2,4-D is part of it. Dow is after money honey.

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    Subscribe to IBJ
    1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

    2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

    3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

    4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

    5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

    ADVERTISEMENT