Monsanto Offering Incentive for XtendiMax with VaporGrip Herbicide

DanEnvironment, Industry News Release

monsantoMonsanto is offering an incentive for U.S. farmers who buy a dicamba-based herbicide. The incentive to use XtendiMax with VaporGrip could refund farmers over half the sticker price of the product in 2018 if they spray the herbicide on soybeans Monsanto engineered to resist the weed killer, according to Reuters.

However, further restriction on dicamba-based herbicides are in place for 2018, following two-years of crop damage on non-targeted fields. XtendiMax costs about $11 per acre to buy, and Monsanto is offering an extra $6 per acre in cash back to farmers when they apply the product on Xtend soybeans.

Reuters says the rebate means farmers can receive up to $11.50 per acre in cash back next year when they use XtendiMax along with other approved chemicals, such as one called Intact that aims to prevent drift and costs $2.40 per acre.

From the National Association of Farm Broadcasting News Service.