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China National Seed Group and Monsanto to Integrate Corn Seed Business in China
Source:China Crop Protection Industry Association  author: Cong Lv
  date: 2014-02-20  
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    The integration of corn seed business between China National Seed Group and Monsanto in China has made a breakthrough. The newly founded China Seed International Seed Co. Ltd will be fully responsible for the R&D, production and sale of Monsanto’s corn seed business in China. Which international seed giant initially put scientific research assets into joint venture, showing its intent to promote genetically modified crops.

 

    The structure of China’s seed industry changes in recent two or three years, leading to a distinctive differentiation between varieties and seed enterprises. The scientific resources will be re-structured in 2014 under the new policy, with the turnover and integration of talents being the distinctive feature, which might impact the future trend of the industry. With leading enterprises’ more involvement in breeding in commercial system, concentration ration of the industry and variety will be improved.

 

    In the end of May, 2014, World Conference on Seed Industry will be held in China for the first time, signaling further cooperation between international seed giants and China companies, and a more competitive market.

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