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Pioneer® Brand Plenish® High Oleic Soybean Varieties Can Boost Double Crop Profits

Processor-paid incentives and strong yield performance extend profit potential


DES MOINES, Iowa, May 12, 2016 — Delmarva-area farmers who plant double-crop soybeans have a unique opportunity to boost income with a value-added soybean thanks to a collaboration between DuPont Pioneer and Perdue AgriBusiness. By planting Pioneer® brand Plenish® high oleic soybean varieties in 2016 for their double-crop acres, growers earn a processor-paid premium on top of the commodity value of their soybeans, making them a smart choice in a challenging commodities market.

Regional processor, Perdue AgriBusiness, pays soybean growers a $0.50 to $0.60 per bushel premium for Plenish® high oleic soybeans because they produce an oil profile with improved nutrition and function versus commodity soybean oil. Demand for these high-performing, high-value soybeans has nearly doubled every year since their introduction to the market in 2012.

“Farmer interest in growing Plenish® high oleic soybeans continues to grow exponentially, year over year,” said John Ade, senior vice president, Perdue AgriBusiness. “With the challenge of lower soybean prices generally, the performance and incentive combination make this an attractive combination for farmers looking to maximize the profitability on their double-crop acres.”

Pioneer still has a good selection of high-yielding Plenish® high oleic soybean varieties for double-crop production.

“Plenish® high oleic soybean varieties are selected for the traits that fit our area and are thoroughly tested here in the Mid-Atlantic years before we release them to assure they are adapted to our region,” said Bill McCollum, DuPont Pioneer field agronomist in the Delmarva region. “In three years of testing maturities versus planting dates on the Delmarva, we’ve found that in double cropping plantings, our selected Plenish® high oleic soybeans perform just like other soybeans of the same maturities.”

Your local Pioneer sales representative and DuPont Pioneer agronomy team can help you identify the right Plenish® high oleic soybean variety for your farm.

Learn more about Plenish® high oleic soybean varieties at www.plenish.com. Learn more about the processor incentive program from Perdue AgriBusiness here.

DuPont Pioneer is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success®.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders, we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.

5/12/16

Contact:     Susan Mantey
614-902-0836
Susan.mantey@pioneer.com
 


EXPORT APPROVAL NOTICE: This product is fully approved in the United States and Canada. Traits included in these products may or may not be approved in all global markets; therefore, the combination of these traits and the grain and certain by-products (including oil, dried distillers grain, cobs and husks) from THESE PRODUCTS MAY NOT BE APPROVED for all markets. Growers that use this product are required and agree to adhere to the stewardship requirements as outlined in the Pioneer Product Use Guide and product-specific Stewardship Requirements for this product, which include specific grain disposition requirements. For questions regarding product stewardship and biotech traits please contact your sales representative or refer to www.pioneer.com/stewardship. Growers are required to discuss trait acceptance and grain channeling policies with their local grain handler prior to delivering grain containing biotech traits.

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