Midwest Elevators Offer Growers Premiums for Pioneer® brand Low Linolenic Soybeans
Market opportunities and processor-paid incentives are being offered to growers of Pioneer® brand low linolenic soybeans for the 2011 season. Through the 2011 Low Linolenic Soybean Program with Bunge Oils, a select group of Midwest elevators is offering growers expanded options to earn $0.55/bushel for harvest delivery and $0.60/bushel for buyers call for Pioneer® brand low linolenic soybeans. The elevators include key areas in Illinois, Indiana, Iowa, Michigan, New York, Ohio, and Pennsylvania.
"With food companies looking for zero gram trans fat alternatives that preserve flavor and shelf life, the market for low linolenic soybeans continues providing contracting opportunities for growers," says John Muenzenberger, Pioneer senior business manager for soybean output traits. "At the same time, Pioneer has provided a strong low linolenic soybean lineup to help growers meet that demand."
Along with providing better opportunities for soybean growers, Pioneer is also introducing the Y series of low linolenic soybean varieties, which have key agronomic traits and the Roundup Ready® gene.
For more information, visit http://www.pioneer.com/web/site/portal/menuitem.4999e68fba44541389108910d10093a0/.
This article is part of the Crop Biotech Update, a weekly summary of world developments in agri-biotech for developing countries, produced by the Global Knowledge Center on Crop Biotechnology, International Service for the Aquisition of Agri-Biotech Applications SEAsiaCenter (ISAAA)