Following this
week's USDA planting progress report that showed more than 70 percent of
the U.S. corn acres have been planted, DuPont today reaffirmed its
expectations of achieving at least 30 percent North America seed corn
market share for 2008 and growing share for the region in future years.
"Our confidence in our early estimates has increased as the number of
acres planted has advanced," said Paul Schickler, DuPont vice present and
general manager and president of DuPont business Pioneer Hi-Bred.
Key milestones for Pioneer in 2008 are: delivering North America seed
corn market share at levels at least equal to last year; extending its
soybean leader position; and growing its presence in other key markets
around the world.
"We will have better information on how we performed this season after
all the corn is planted," Schickler said. "Though this year's cold, wet
spring has kept planting progress behind historical trends, we are pleased
with the demand for Pioneer(R) brand seed thus far."
DuPont (NYSE: DD) is a science-based products and services company.
Founded in 1802, DuPont puts science to work by creating sustainable
solutions essential to a better, safer, healthier life for people
everywhere. Operating in more than 70 countries, DuPont offers a wide range
of innovative products and services for markets including agriculture and
food; building and construction; communications; and transportation.
SOURCE DuPont
Digg
Reddit
Slashdot