This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Report Confirms Essential Value Of Neonicotinoid Pesticides For Europe

BRUSSELS, January 15, 2013 /PRNewswire/ --

A Humboldt Forum for Food and Agriculture report highlights that if neonicotinoid seed treatments were no longer available, impact on the EU economy could be as great as €4.5 billion with a loss of at least 50,000 farm jobs across the EU. Over a 5-year period, the EU could lose up to €17 billion and face a significant increase in pest pressure.

" These figures  demonstrate the  value  this technology  brings  to EU farming", Friedhelm Schmider, Director General of European Crop Protection Association (ECPA) commented. " They contribute more than €2 billion annu ally to commodity crop revenues,  and reduce production c osts by €1 billion across the EU", he added.

The independent study confirms the economic and environmental value of seed treatment neonicotinoids for Europe. The report includes the example of Germany where oilseed rape growers rely highly on neonicotinoid technology to remain competitive in the global market; and Spain, where sunflower growers can achieve better yields through earlier planting.

The study underlines the importance of maintaining a range of innovative crop protection solutions for managing the pressures of pests and disease, and enabling efficient use of natural resources (land and water).

" T he report has revealed substantial consequences for the economy and the environment if there would be constraints on the availability  of neonicotinoid seed treatments" Friedhelm Schmider concluded.

ECPA's Press Release online:

http://www.ecpa.eu/news-item/pests/01-14-2013/704/report-confirms-essential-value-neonicotinoid-pesticides-europe

Notes to editors:

  • The report was conducted by Steffen Noleppa (agripol), Thomas Hahn et al. (a-connect)
  • Based on an analysis of 10 EU countries ( Germany, Poland, Hungary, Romania, Slovenia, Italy, Spain, France, the UK and the Netherlands) and 6 focus crops (corn, sugar beet, oilseed rape, wheat, barley and sunflower) the project team assessed the potential value of neonicotinoid seed treatment to EU societies, economies and selected stakeholders
  • The report is supported by Copa-Cogeca, ESA and ECPA and financed by Bayer CropScience and Syngenta.
  • Neonicotinoid based pesticides have received recent press attention in discussions about its potential risks to European honey bee populations; however, European scientific authority EFSA (European Food Safety Authority) will release a report later this week which will scientifically review the risk of neonicotinoids to bees.

Further information can be found at http://www.neonicreport.com

The European Crop Protection Association (ECPA) represents the crop protection industry interests at European level. Its members include all major companies and national associations across Europe. Contact: Anna Seretny, Communications Coordinator, anna.seretny@ecpa.eu Angel Martin, Governmental Affairs Manager, angel.martin@ecpa.eu Switchboard : +32(0)2-663-1550 For more general information: http://www.ecpa.eu - http://www.hungry4change.eu/- facebook.com/cropprotection - twitter.com/cropprotection

SOURCE The European Crop Protection Association (ECPA)

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs