FarmHannong's New Herbicide 'Terado' Achieves Successful Registration in the United States

[Asia Economy Reporter Park So-yeon] Farm Hannong's newly developed herbicide 'Terado' has successfully registered as a new herbicide in the United States.

On the 6th, Farm Hannong announced that Terado was registered as a non-selective herbicide with the U.S. Environmental Protection Agency (EPA) on the 25th of last month. With this registration, Farm Hannong can now export to the U.S., which accounts for 20% (approximately 1.8 billion dollars) of the global non-selective herbicide market worth 10 trillion won.

Terado has been registered in the U.S. as a herbicide for removing weeds from farmland before cultivating crops such as corn, soybeans, wheat, and cotton, as a desiccant herbicide, and as a non-agricultural herbicide. Until now, the only case of a domestic company's crop protection product (pesticide) registration in the U.S. was a turf herbicide registered last December.

In countries like the U.S. and Australia, where glyphosate-based herbicides have been used continuously for a long time, the spread of weeds resistant to these herbicides has become a major problem. The U.S. Environmental Protection Agency cited Terado, which has a different mode of action from existing herbicides, as an effective alternative for controlling glyphosate-resistant weeds. Additionally, Terado's rapid weed control effect is expected to facilitate sowing operations and have a positive impact on crop yield increases.

Farm Hannong plans to begin exporting Terado finished products worth 1 million dollars to the U.S. in December this year, marking the start of its full-scale entry into the U.S. market. Lee Yoo-jin, CEO of Farm Hannong, said, "Terado's entry into the U.S. will be an opportunity to widely promote the global competitiveness of our products worldwide," and added, "We plan to focus more on expanding overseas markets going forward."

This content was produced with the assistance of AI translation services.