DuPont Seed Share Gains On the Rise
|Pioneer soybeans are bred to deliver unprecedented yields plus disease and pest protection.|
“The revised numbers are consistent with the positive feedback we hear from customers,” said Paul Schickler, president – Pioneer Hi-Bred. “With the strong value we are delivering to growers, Pioneer has the opportunity for additional share gains in 2011 in both corn and soybeans.”
After finalizing the 2010 season this past quarter and taking into account recently released U.S. Department of Agriculture (USDA) data, Pioneer increased its North America corn market share by three points in corn and five points in soybeans, up from the two points and four points, respectively, which were reported earlier this year.
The market share gains in soybeans remain evenly split between the Pioneer® brand and PROaccessSM business unit brands. In corn, one point of share gains came from the Pioneer® brand and two from PROaccessSM.
“As harvest winds down, Pioneer customers continue to report consistent, solid product performance, especially from the new class of hybrids introduced in 2010 and Y series soybeans,” Paul said. “Optimum® AcreMax™ 1 products also are demonstrating strong yield performance.
“Our multi-year strategy – focused on strengthening research, points of sale and agronomic support – is paying off for Pioneer and, more importantly, growers are seeing the results in their fields,” Paul said.
In 2011, growers will continue to have new choices including Optimum® AcreMax™ 1 products, new hybrids with strong agronomic packages and expanded choices within the Y Series soybean line-up, utilizing Pioneer’s proprietary genetic breeding tools.
These advances are contributing to DuPont’s efforts to increase food production for a growing global population.