The dramatic development of the U.S. renewable diesel industry is similar to how ethanol changed the U.S. corn industry. But it could be more even disruptive.
Bayer Signs on to Distribute Enlist E3 Technology, Works toward Launch of HT4 Soybeans
The new agreement means farmers will have "more choices and additional tools" for integrated weed management. In the process, Bayer remains committed to marketing its current crop systems and developing new technologies.
U.S. net farm income, a broad measure of farm profitability, is currently forecasted at $113.7 billion, down 4.5%, according to USDA’s most recent Farm Sector Income Forecast.
Derek Neilson, president of Agriculture at CNH Industrial, says there were 40 new product launches in 2021 but to expect 150+ connectivity/automation enabled launches through 2024.
