Domestic and Trade Impacts of U.S. Farm Policy Rob Robinson NAFTA Business Transformation Lead Syngenta Seeds, Inc.
Syngenta overview
3 Excellent complementary and leading product portfolio – A leader in crop protection – Third in high-value commercial seeds – $8.05 Billion in sales First class research and development resources – Investment of around $800m annually Strong worldwide presence – Around 21,000 employees in over 90 countries Rich pipeline of Crop Protection and Seeds products Syngenta – a leading global agribusiness
4 Syngenta businesses Crop Protection Seeds Selective herbicides Non-selective herbicides Fungicides Insecticides Corn & Soybean Diverse Field Crops Vegetables Flowers Professional Products Seed Care Lawn & Garden Home Care
Agriculture is Facing New Dynamics
6 Bioethanol production from corn US corn to ethanol % Ethanol production gallons bn Source: USDA, ProExporter Network, Doane, Syngenta estimate
7 Feed v. Food v. Fuel 10 million more corn acres in 2007 USDA cautions acreage must remain high in 2008 / 2009 Growers feel the effect
8 Accelerated Productivity Gains are Essential…. Double Cross Hybrids Single Cross Hybrids Enhanced Breeding Process GMs & Molecular Breeding US corn yields – Source (USDA – ARS Statistics / ISU web site Key genetic studies US Corn Yield
9 Modern Technology is the Key…… Breeding Gain Marker and Native Trait Enabled gains GM Productivity Leveraging new tools to double the rate of gain Marker trait associations Marker assisted breeding Identified gene function Molecular breeding
10 U.S. Agricultural Policy Must…. Be based on sound science Strongly support publicly funded research Be mindful of conservation measures Ensure that U.S. growers have every available tool Support public education regarding use of biotechnology in producing food
11 Difficult to Separate U.S. Policy from Global Issues U.S. Policy must lead with outreach and technology assistance for trading partners creation of a globally synchronized approval system for new technologies
12 We must continue to support development of Bio-Fuels.. Reducing dependence on foreign oil is essential Bio-Renewable energy is a sustainable, home grown alternative Continue public funding of research in new methods Encourage research in alternative crops for use in Bio-Fuel production
13 Agriculture Must Meet the Challenge of New Market Dynamics Bio-Fuels increasing demand Accelerating productivity is essential Modern technology is the key U.S. agricultural policy and programs must support productivity acceleration through modern technology Strong support for Bio-Fuels maintained