After expectations for the release of hybrid wheat in North America around 2020-21, Syngenta said it will focus commercialization on Europe while scaling back late-stage development in North America, although the company said it remained fully committed to hybrid wheat commercialization, reports Food Business News.
The company said there was no timeline for when hybrid wheat would be available, but that Syngenta was not pulling out of research and development after investing several million dollars, according to a report in Successful Farming. Most companies have focused on hybrid corn and soybeans, which have higher short-term returns relative to the potential for wheat hybrids. The payback to farmers for benefits of hybrid wheat currently may not be enough for them to justify paying more for the hybrid wheat seed.
Read the full report here.
