Thursday, February 24, 2011

Bayer CropScience Renews Commodity Update Sponsorship Program

Subscribers receive complimentary corn, soybean and wheat market quotes.

RESEARCH TRIANGLE PARK, N.C. (February 24, 2011) — For the second year in a row, farmers can receive complimentary, up-to-the-minute corn, soybean and wheat market quotes daily through the end of September, on their mobile phones.

Bayer CropScience selective herbicides — Balance® Flexx, Capreno® and Corvus® herbicides — have teamed up with Commodity Update to sponsor the service, valued at $120 per subscription.

Bayer CropScience will automatically renew subscriptions for those who signed up for the program in 2010. New subscribers can visit www.CommodityUpdate.com/Bayer/ or talk to their local Bayer CropScience representative to enroll.

“Bayer CropScience is pleased to sponsor the Commodity Update program again this year. We know farmers are busy and have limited time to watch markets at home or on their office computer,” says Jeff Springsteen, Bayer

CropScience marketing manager for corn and soybean selective herbicides. “That’s why we’re offering them a free service that comes to them, whether they are in the field or taking care of other farm business.”

The four-step registration process is quick and easy. Farmers can register to receive up to six commodity contracts covering an array of agricultural areas from row crops to livestock to metals, at no additional charge. Subscribers also have the flexibility to receive market updates at preset times throughout the day, schedule specific times and frequency or choose to receive updates on demand only.

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 Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Bayer CropScience AG, a subsidiary of Bayer AG with annual sales of about EUR 6.5 billion (2009), is one of the world’s leading innovative crop science companies in the areas of crop protection, non-agricultural pest control, seeds and traits. The company offers an outstanding range of products and extensive service backup for modern, sustainable agriculture and for non-agricultural applications. Bayer CropScience has a global workforce of 18,700 and is represented in more than 120 countries. This and further news is available at: www.press.bayercropscience.com.

Forward-looking statement
This news release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup 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.

Bayer CropScience, 2 T.W. Alexander Drive, Research Triangle Park, NC 27709. Always read and follow label instructions. Bayer, the Bayer Cross, Balance, Capreno and Corvus are registered trademarks of Bayer. Balance Flexx and Corvus are Restricted Use Pesticides. Balance Flexx, Capreno and Corvus are not registered in all states. For additional product information call toll-free 1-866-99-BAYER (1-866-992-2937) or visit our website at www.BayerCropScience.us.

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