New program for Roundup Ready® canola to help growers manage risk

Monday 17th December 2018

To help growers manage risk in their canola crops, Monsanto Australia Pty Ltd has announced a new program, which will be available for Australian canola growers in 2019.

DecileProTM will provide Roundup Ready® canola growers with an alternate way to pay for their technology fee and will be linked to growing season rainfall.

“Growing season rainfall is a key factor in determining overall yield and profitability of canola crops,” said Don Benn, Rowcrop Product and Stewardship Manager for Bayer.

“DecilePro will assist in sharing the risk of low rainfall by waiving the entire Roundup Ready canola technology fee when the grower receives rainfall that is decile 3 or lower.”

Don said that when growers purchase their Roundup Ready canola seed, they now have the choice of paying a technology fee of $8.30 per kilogram (ex GST) upfront or opting-in to the DecilePro program and not having to pay their technology fee until after harvest.

“If growers chose to opt-in to the DecilePro program, their Technology Service Provider (TSP) simply provides GPS points for the fields they wish to include. The GPS points assign a field to one of the Bureau of Metrology’s (BOM) five square kilometre grids. This means rainfall deciles will be unique to every field and will take into account any variation between regions.

“Under the DecilePro program, Roundup Ready canola fields that receive decile 4 rainfall or above will be invoiced at $15 per kg (ex GST) at the end of the season, which will help growers manage cash-flow by providing payment terms that extend past harvest.”

Don said growers will have no technology fee to pay for fields in the DecilePro program that receive decile 3 rainfall or below.

“We know growers understand the benefits of the Roundup Ready canola system, especially the weed control and the higher yield potential of hybrids.” Don said.

“But some have been reluctant to grow Roundup Ready canola hybrids because of the upfront investment.

“DecilePro not only provides canola growers with payment choices and extended terms for their Roundup Ready technology fee but importantly, it shares the risk by waiving the technology fee in low rainfall years.

“This means when growers opt-in to DecilePro, they will only pay for the benefits of Roundup Ready canola in higher rainfall, and therefore in higher yielding years.”

 

(Left) Don Benn, Bayer’s Rowcrop Product and Stewardship Manager with farmer George Burdett of Lake Bolac, Victoria. Don said that the new DecileProTM program offers growers a way to manage rainfall risk in their Roundup Ready® canola crops.

For more information on the DecileProTM program, visit www.roundupreadycanola.com.au

 

Important information on the DecileProTM program

  • To be eligible for participation in the DecileProTM program, growers must purchase Roundup Ready® canola and opt-in to the program before the 15th of April and provide GPS points of each eligible field.
  • Grower must opt-in to the DecileProTM program at least 1 day before taking delivery of their canola seed from a Technology Service Provider (TSP).
  • Grower must have a valid 2019 License & Stewardship Agreement (LSA).
  • Deciles are calculated using the Bureau of Meteorology 5km2 grid data.
  • Growing season rainfall is for the period between 1 May and 31 October of the relevant growing season.
  • If the grower receives a decile 4 rainfall or above, grower agrees to pay technology fee of $15/kg (ex GST).
  • This offer is valid on all Roundup Ready® canola sales in 2019.
  • Program is valid for technology fee only and does not include seed cost or any other input costs.
  • Please see full terms and conditions for further information.

 

About Bayer in Australia

Bayer is a global enterprise with core competencies in the Life Science fields of healthcare and agriculture. Its products and services are designed to benefit people and improve their quality of life. It has operated in Australia since 1925 and has a long-term commitment to the health of Australians. Locally, Bayer currently employs almost 900 people across the country and is dedicated to servicing the needs of rural Australia and the local community. Bayer is deeply committed to research and development and has a strong tradition of innovation. The company’s focus on people, partnerships and innovation underpins all aspects of its operations, consistent with its mission, “Bayer: Science For A Better Life.” crop.bayer.com.au

 

Contact:

James Holden, phone +61 447 087 463

Email: james.holden.ext@bayer.com

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