SOURCE: AXcess News

November 05, 2007 11:00 ET

AXcess News: New Deer Repellent Can't Clear EPA Soon Enough, Farmers Say

HOUSTON, TX--(Marketwire - November 5, 2007) - Farmers are facing record crop losses to deer whose populations have been on the rise while new hope may come from a small Reno, Nevada-based enviro-ag company which announced last week that it filed with the EPA for a new plant systemic that promises to offer farmers and homeowners some relief. While in Virginia, it can't come soon enough.

The Danville Register Bee reports that a soybean farmer who lives just north of Danville, VA said he lost nearly one-third of his soybean crop -- close to 50 acres out of 150 he planted this year -- to deer damage.

The newspaper reported that the soybean farmer was forced to take drastic measures and shot some 120 deer so far this year.

"With as much crop damage as I've had, we had to do it," the Virginia farmer was quoted as saying. "They cost me at least $25,000 this year."

The Danville, Virginia farmer isn't alone when it comes to extensive crop damage from the four-legged locust, as the deer are coming to be known by. But according to Itronics founder, Dr. John Whitney, help is on the way.

Itronics, Inc. (OTCBB: ITRO) filed last week with the EPA for a new systemic deer repellent his company calls GOLD n'GRO Guardian, after its brand of environmentally friendly fertilizers made from recycled photochemicals. The EPA's application process is all that's standing in the way of Itronics being able to sell its deer repellent, yet Itronics assumes that its registration won't become effective until sometime in early 2008 and between now and then, the nation's deer population will cause more than $2 billion in crop damage nationwide.

Soybean farmers are seeing record prices for their crops and with beans up near $10 a bushel, crop losses this year to deer herds are expected to soar. In Michigan alone the state estimates that deer populations could be up as much as 10 percent. On the East Coast, deer populations may be up by as much as 6 percent and losses in that part of the nation are expected to be more than double 2005 figures.

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