May 31, 2011

DuPont expects seed market share to increase

DuPont Co expects an increase in the market share for corn and soybean seeds in North America for 2011. This will be the third year in a row, the head of the company's seed division said. The gains by Pioneer Hi-Bred, the Iowa-based DuPont subsidiary, would continue the company's momentum as it battles with rival Monsanto Co, which took a big chunk of Pioneer's market share last decade.

Pioneer had lost share for three straight years before its market share stabilized in 2008. It increased its corn market share by two percentage points in 2009 and three percentage points in 2010, Pioneer President Paul Schickler said in an interview. "We'll have again this year not only the share gains, but price increases as well," Schickler said. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers

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