Bayer Shares the Risk with Cotton Farmers

RESEARCH TRIANGLE PARK, N.C., Jan. 25, 2018 /PRNewswire/ -- Growers who plant FiberMax^® and Stoneville^® cotton seed have a vested partner in their economic sustainability.

The 2018 Bayer Shared Risk^™ Program increases economic stability for growers by providing cost protection when an Act of God forces replant, causes crop loss or impacts yield below specified pounds per acre. The program is an added value for growers who plant FiberMax or Stoneville cotton seed.

"We recognize the importance of minimizing the risk that growers face," says Kerry Grossweiler, who manages the Bayer program. "The 2018 Shared Risk Program gives growers added economic confidence – which gives them the flexibility to manage to their highest yield potential for maximum profit opportunity."

By sharing the risk, Bayer helps shoulder the burden growers carry to provide food and fiber, to feed and clothe our world.

The Bayer Shared Risk Program rewards growers who invest in their own success by starting with the elite germplasm available from FiberMax and Stoneville cotton seed, then utilizing Best Management Practices, such as nematode control and staying on top of weeds, to manage for the highest potential yield. The Shared Risk Program offers replant protection, crop loss protection and yield protection when yield falls below specific regional limits.

"Growers take on the risk of producing a cotton crop each year, gambling their livelihood on Mother Nature," says Grossweiler. "Bayer strives to provide for our cotton growers who actively plan for success by investing in Bayer high-quality seed and traits. The Shared Risk Program simply is the right thing to do."

Because FiberMax and Stoneville growers choose the right science for success, and because they provide quality management, Bayer welcomes them to the 2018 Shared Risk Program. Details are available online at www.FiberMax.com/SharedRiskWest and www.Stoneville.com/SharedRiskEast.

Bayer is committed to bringing new technology and solutions for agriculture and non-agricultural uses. For questions concerning the availability and use of products, contact a local Bayer representative, or visit Crop Science, a division of Bayer, online at www.cropscience.bayer.us.

Visit the Bayer Connect - Social Hub for social media, recent news, blog posts, videos and more from Crop Science, a division of Bayer.

About Bayer
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2016, the Group employed around 99,600 people and had sales of EUR 34.9 billion. Capital expenditures amounted to EUR 2.2 billion, R&D expenses to EUR 4.4 billion. For more information, go to www.bayer.com. 

Contact:
Bayer Media Hotline, 1-862-404-5118, or

Linda Arnold Whaley
Crop Science, a division of Bayer
Tel: (919) 549-2836
Email: Linda.arnoldwhaley@bayer.com

Pam (Golden) Caraway
Rhea + Kaiser
Tel: (850) 758-8700
Email: pcaraway@rkconnect.com

Find more information at www.cropscience.bayer.us. 

Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

©2018 Bayer CropScience LP, 2 T.W. Alexander Drive, Research Triangle Park, NC 27709. Always read and follow label instructions. Bayer (reg'd), the Bayer Cross (reg'd), FiberMax®, Stoneville® and Shared Risk™ are trademarks of Bayer. For additional product information, call toll-free 1-866-99-BAYER (1-866-992-2937) or visit our website at www.CropScience.Bayer.us.

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SOURCE Bayer