Saturday, May 15, 2010

Syngenta's (NYSE:SYT) NK 8840 Genetically Modified Corn Starting Field Trials

Syngenta (NYSE:SYT) is about to start field trials in the Philipines for its genetically modified corn, registered as NK 8840.

The new corn seed will produce crops resistant to the corn borer and other insects which suck and destroy crops. Estimated yields for the crop are from 10 to 14 metric tons per hectare.

Recher Ondap, Syngenta Philippines country head for seeds, said in an interview that it should be ready to launch in 2012, “We will have field trials in the third and fourth quarter of the year. We are set to commercialize it by late 2012.”

Included in the corn is high-strength GM Bacillus thuringiensis, or Bt, which pretty much stops most caterpillar type pests very quickly. There is more pest protection with the additional treatment of Cruiser on the seeds.

This particular corn variety also has strong resistance to herbicides, so they can also be sprayed when needed and not suffer damage.