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BASF SE is halting development of hybrid wheat in North America after results of seed trials failed to reach development goals, reports Reuters.
The company will instead focus development of the new type of wheat in European markets, aiming to launch the technology by the end of the decade.
Wheat breeders have been working for years to develop cross-bred wheat varieties to boost yields and make crops more resistant to drought or disease.
Tightening global grain supplies and soaring prices after Russia’s invasion of Ukraine have focused further attention creating wheat hybrids.
Syngenta has a hybrid wheat that a small number of U.S. fields will plant this year. Bayer AG also has wheat varieties in development for launch later this decade.
