Bayer Collaboration with Perdue AgriBusiness to Bring Vistive® Gold Xtend Soybeans to Market

Commercial Agreement to Bring High Oleic Soybeans to Mid-Atlantic Region Mid-Decade, Pending Regulatory Approvals 

May 3, 2022, St. Louis, Mo. -  Bayer believes in the value of high oleic soybean oil, and we are pleased to announce that we have entered into a commercial collaboration agreement with Perdue AgriBusiness to bring Vistive® Gold Xtend soybeans to market mid-decade pending EU authorization. In this commercial agreement Bayer will complete the regulatory requirement and commercialize Vistive® Gold Xtend soybeans, and Perdue will offer farmers high oleic oil premiums in contract for their Vistive® Gold Xtend grain in the Mid-Atlantic Region, initially. 

“Through this collaboration, Bayer is enabling farmers access to elite genetics and the weed control flexibility of the Roundup Ready Xtend Crop System, while receiving premiums for growing Vistive® Gold Xtend grain from Perdue AgriBusiness,” said Kara Isaak, Bayer Global Soy New Business Development Manager. “We’re focused on providing products to our customers that meet their needs. We recognized a growing demand for high oleic oil, and Vistive® Gold Xtend soybeans, once approved, will offer farmers opportunities to enhance profitability, and fill a need in the marketplace.”

Vistive® Gold Xtend soybeans will offer tolerance to XtendiMax® herbicide with VaporGrip® Technology, a restricted use pesticide, and Roundup® brand agricultural herbicides to manage tough to control weeds, while providing farmers a high-yield potential product in a premium segment. Its use as a cooking oil offers an improved nutritional profile including low saturated fat and high oleic composition and longer shelf life. When farmers contract their Vistive® Gold Xtend soybeans with Perdue AgriBusiness, they can earn a premium price per bushel for the grain, driving greater profitability. 

“The volume of high oleic oil requested by our customers continues to increase. As part of our ongoing efforts to meet this growing demand, we and our farmers constantly seek improved soybean seed technology,” said Perry Aulie, Senior Vice President of Value-Added Products, Perdue AgriBusiness. “Through this partnership with Bayer, we are pleased to make this new solution available to our farmers to help improve the efficiency of their crops and earn higher profitability at the same time.”

Bayer continues to invest in improving soybean genetics, developing next generation soybean traits, to meet the challenges of our soybean customers. After EU authorization, Vistive® Gold Xtend soybeans will offer another tool that can bring additional value to our customers.

For more information about Vistive® Gold Xtend soybeans, please visit: roundupreadyxtend.com/VistiveGoldXtend.

About Bayer    
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to drive sustainable development and generate a positive impact with its businesses. 

At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2020, the Group employed around 100,000 people and had sales of 41.4 billion euros. R&D expenses before special items amounted to 4.9 billion euros. For more information, go to www.bayer.com.

 
About Perdue AgriBusiness
Perdue AgriBusiness is subsidiary of Perdue Farms. Ranked among the largest grain companies in the U.S., Perdue AgriBusiness is a leading merchandiser, processor and exporter of agricultural products. Through Perdue AgriBusiness’ 75 elevator locations with more than 75 million bushels of storage, deep-water port, transload facilities, oilseed crushing operations, edible oil refinery, and protein blend mills, the company serves markets across the United States and around the world. Visit www.perdueagribusiness.com for more information.

About Perdue Farms
We're a fourth-generation, family-owned, U.S. food and agriculture company.Through our belief in responsible food and agriculture, we are empowering consumers, customers, and farmers through trusted choices in products and services.

The premium protein portfolio within our Perdue Foods business, including our flagship PERDUE® brand, Niman Ranch®, Panorama Organic Grass-Fed Meats®, Coleman Natural®, and Yummy®, as well as our pet brands, Spot Farms® and Full Moon®, is available through various channels including retail, foodservice, club stores, and our direct-to-consumer website, PerdueFarms.com.

Perdue AgriBusiness is an international agricultural products and services company.  
Now in our company’s second century, our path forward is about getting better, not just bigger. We never use drugs for growth promotion in raising poultry and livestock, and we are actively advancing our animal welfare programs. Our brands are leaders in no-antibiotics-ever chicken, turkey, pork, beef and lamb, and in USDA-certified organic chicken and beef. Learn more at Corporate.PerdueFarms.com.

Contact:
Bayer - Kyel Richard 573.356.0241
Kyel.Richard@Bayer.com

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Bayer is a member of Excellence Through Stewardship® (ETS). Bayer products are commercialized in accordance with ETS Product Launch Stewardship Guidance, and in compliance with Bayer’s Policy for Commercialization of Biotechnology-Derived Plant Products in Commodity Crops. Commercialized products have been approved for import into key export markets with functioning regulatory systems. Any crop or material produced from this product can only be exported to, or used, processed or sold in countries where all necessary regulatory approvals have been granted. It is a violation of national and international law to move material containing biotech traits across boundaries into nations where import is not permitted. Growers should talk to their grain handler or product purchaser to confirm their buying position for this product. Excellence Through Stewardship® is a registered trademark of Excellence Through Stewardship.

XtendiMax® herbicide with VaporGrip® Technology is part of the Roundup Ready® Xtend Crop System, is a restricted use pesticide and must be used with VaporGrip® Xtra Agent (or an equivalent volatility reduction adjuvant). For approved tank-mix products (including VRAs and DRAs), nozzles and other important label information visit XtendiMaxApplicationRequirements.com.

ALWAYS READ AND FOLLOW PESTICIDE LABEL DIRECTIONS. Roundup Ready® 2 Technology contains genes that confer tolerance to glyphosate. Glyphosate will kill crops that are not tolerant to glyphosate. XtendiMax® is a restricted use pesticide. Not all products are registered for use in all states and may be subject to use restrictions. The distribution, sale, or use of an unregistered pesticide is a violation of federal and/or state law and is strictly prohibited. Check with your local dealer or representative for the product registration status in your state. Bayer, Bayer Cross, Roundup Ready®, VaporGrip®, Vistive® and XtendiMax® are registered trademarks of Bayer Group. All other trademarks are the property of their respective owners. For additional product information call toll-free 1-866-99-BAYER (1-866-992-2937) or visit our website at www.BayerCropScience.us. Bayer CropScience LP, 800 North Lindbergh Boulevard, St. Louis, MO 63167. ©2022 Bayer Group. All rights reserved.