{"id":48336,"date":"2014-01-08T14:59:06","date_gmt":"2014-01-08T19:59:06","guid":{"rendered":"http:\/\/www.farmchemicalsinternational.com\/?p=48336"},"modified":"2015-08-21T10:04:29","modified_gmt":"2015-08-21T14:04:29","slug":"monsantos-begemann-discusses-glyphosate-demand-pricing","status":"publish","type":"post","link":"https:\/\/www.agribusinessglobal.com\/es\/agrochemicals\/monsantos-begemann-discusses-glyphosate-demand-pricing\/","title":{"rendered":"Los ejecutivos de Monsanto discuten la demanda y los precios de glifosato"},"content":{"rendered":"

On a conference call on Jan. 8, Monsanto President and Chief Operating Officer Brett Begemann said indications point to robust demand for glyphosate in 2014.<\/p>\n

The company saw gains<\/a> from 8% higher retail prices for generic glyphosate in the first quarter, but it expects this to normalize.<\/p>\n

\u201c[We have] not built our plans around price increases, but rather to a flat to potentially declining generic price. Specifically, in places like the U.S. and Brazil, where indicators point to a significant number of soybean acres planted, and growers are looking for solutions to manage tough to control weeds, we expect demand for glyphosate to stay strong over the coming year and to further drive our mix toward our branded products,\u201d Begemann said. Its Roundup branded mix is at the highest levels of the past few years, and he expects that to intensify in 2014, he added.<\/p>\n

Kevin McCarthy, an analyst with Bank of America Merrill Lynch, remarked on the decline in Chinese technical-grade glyphosate prices in the final months of 2013, and the implications for Monsanto\u2019s prices and volumes going forward.<\/p>\n

Begemann responded, \u201cWe have a six-month line of sight on what\u2019s going on in Roundup. And we don\u2019t pay as much attention to what\u2019s going on with acid prices out of China as we do what the generics are doing, and how they\u2019re pricing in the marketplace.”<\/p>\n

In the next six months Begemann said he sees little change in glyphosate prices. “Our history has been in that $10 to $12 range. We\u2019re kind of floating towards the high end of that $12 range, and I still feel like, as we look to this year, that\u2019s going to be a reasonable place. But I still think it\u2019s flattish as we go through the next six months.\u201d<\/p>\n

CEO Hugh Grant added, “We lay that Roundup brand price really close to that Chinese generic price. So we\u2019re in no doubt that we continue to compete with that Chinese generic material.”<\/p>\n

Monsanto Chief Technology Officer Rob Fraley said that volume will remain unchanged. “When we think about our Roundup business, we make around 300 million gallons and sell around 300 million gallons. So yes, we\u2019ll continue to improve with the mix gain, and we\u2019ll do that as we can throughout the year. But we won\u2019t have additional volume.”<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cTenemos una l\u00ednea de visi\u00f3n de seis meses sobre lo que est\u00e1 sucediendo en Roundup. Y no prestamos tanta atenci\u00f3n a lo que est\u00e1 sucediendo con los precios \u00e1cidos fuera de China como hacemos lo que hacen los gen\u00e9ricos y c\u00f3mo se fijan los precios en el mercado ".<\/p>","protected":false},"author":72,"featured_media":47969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,26,28,19],"tags":[54,170,135,778],"class_list":["post-48336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agrochemicals","category-americas","category-asia","category-herbicides","tag-featured-home","tag-glyphosate","tag-monsanto","tag-pricing"],"yoast_head":"\nMonsanto Execs Discuss Glyphosate Demand, Pricing - AgriBusiness Global<\/title>\n<meta name=\"description\" content=\"\u201cWe have a six-month line of sight on what\u2019s going on in Roundup. 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