Tenfold increase in Monsanto's YieldGard projected for 1998. This won't have the same "add-on" boost as the RR products...nevertheless, Monsanto benefits for each acre planted.
In the article below, the tenfold increase for 1998 plantings are for the Monsanto YieldGard corn, although the announcement doesn't mention Monsanto (probably due to the fact that DuPont invested in Pioneer and they don't love Monsanto).
Pioneer sees tenfold rise in YieldGard corn seed
Reuters, Thursday, November 20, 1997 at 17:41
DES MOINES, Iowa, Nov 20 (Reuters) - Pioneer Hi-Bred
International Inc (NYSE:PHB) said it hoped to have three million
units of corn seed with the YieldGard gene available for the
1998 North American harvest, a tenfold increase from 1997.
"With good winter production approximately three million
units of Pioneer corn hybrids with the YieldGard gene is
expected to be available for 1998 planting,' said Bob Wichmann,
vice president, North America sales, said in a news release.
The YieldGard gene provides resistance to European corn
borer. Seed is produced during the winter, mostly in Chile and
Argentina, and shipped north in time for spring planting.
Each unit has 80,000 kernels and seeds slightly more than
three acres, the company said.
Pioneer Hi-Bred sells seeds, microbial products and
services to farmers, grain processors and other customers. |
