Crop Protection Industry

Crop Protection Industry Sales Remain Strong in 2013, According to Kline

Affected by prolonged rainfall, weed resistance issues, and higher manufacturing costs the U.S. crop protection industry remained strong in 2013, posting an 8.2% increase over the previous year. Net manufacturers’ sales within the crop protection industry total $9.2 billion, according to the recently published Crop Protection Manufacturers Report: A Strategic Market Analysis of the U.S. Crop Protection Industry by worldwide consulting and research firm Kline & Company.

In anticipation of a healthy planting season, corn growers purchased high inventories of herbicides but excessive spring wetness in the Corn Belt and throughout the country caused almost 2 million acres to remain fallow and deferred spring planting, forcing some corn growers to switch to short maturity soybean varieties. The wet conditions reduced insect pressure, causing the insecticide segment to decline at a double-digit percentage while promoting disease pressure and modestly increasing fungicide sales. However, many growers halted or did not start fungicide applications as the wet weather was soon replaced by the summer time droughts. The plant growth regulators segment declines slightly as it heavily targets the cotton markets where acres planted decrease almost 16% in 2013. Continue reading

Regulations Impact Rodenticide Sales

Regulations Impact Rodenticide Sales, sees Kline

According to the academic journal Frontiers in Ecology and the Environment, rodents are not only among the most important global pests, but they destroy enough crop output in Asia alone to feed 200 million people while also acting as reservoirs for disease throughout the world. The journal estimates that there are about 1,700 species of rodents, but only 5% to 10% are considered major pests. According to Kline & Company, the market for chemical rodenticides exceeds $600 million and focuses on an even narrower range of rodent species to generate that market.
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New Treatments in the Global Nematicide Industry

Nematicide Forecast Promising as Suppliers Innovate to Meet Growers’ Needs

Despite their miniscule size, nematodes are one of the world’s most destructive agricultural pests, causing an estimated $80 billion in crop damage annually. In large part due to their proliferation, the market for nematicide products to control infestations remains robust, although somewhat fluid as formulators work to keep effective products in the marketplace as proven treatments falter due to health and environmental concerns. With a promising market andContinue reading