Indiana Grain Company, LLC

Posted: 09/15/11

By: tomgrisafi

At the Credit Suisse Chemicals & Ag Conference today, DuPont confirmed its seed business, Pioneer Hi-Bred, will deliver another year of positive financial performance, including North America share gains in corn and soybeans.

Based on USDA data, Pioneer added a solid 1 point share gain in North American corn and 4 points share gain in soybean, further demonstrating the value of Pioneer® genetics and services. These results mark multiple years of share gains in both crops.

"New and loyal customers see the value of our innovative products and that is why we continue to see success," said Paul E. Schickler, president, Pioneer Hi-Bred, a DuPont business. "Our 'right product, right acre strategy' is winning and we are pulling ahead of the competition."

As the 2011 harvest begins, Pioneer is confident in product performance as well as supply, said Schickler. "While 2011 has been a challenging growing season, Pioneer runs excellent supply chain management processes and expects full availability for the 2012 planting season. This is just another example of actions to ensure the highest level of service and support for our growers," he said.

"Based on what we are observing and hearing from farmers, we think our momentum will continue in 2012," said Schickler. "This year, growers planted nearly 4 million acres with Optimum® AcreMax 1 and Optimum AcreMax RW products which will support increased penetration next year."

In addition, the recent approval of new products expands the company's offerings of new insect protection solutions to benefit U.S. corn growers and continue to deliver value.

"The delivery of these new products demonstrates our commitment to bring innovation to market," said Schickler. "We are proud to lead the industry by offering the broadest choice of integrated refuge solutions to farmers."

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