German multinational company Bayer invests $24 million in new 21,500 sf² wheat breeding station in Saskatoon Region

It is a major milestone for Canadians and the entire world. A new state-of-the-art wheat breeding station just outside of Saskatoon has officially opened. Now complete, the facility features laboratories, workshops, office space and 480 acres dedicated for field work. Officials would not say how much the wheat breeding station cost but that $24 million has been invested by Bayer from 2012 to-date across the country.

Agriculture is a strategic pillar in the growth and sustainability of the rural economy in Canada. Eight billion dollars worth of wheat is exported every year, and Demand for wheat is rising at double the rate of what is being produced and the worldwide population is expected to top 10 billion by 2050. 

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