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Perdue AgriBusiness Announces Low Linolenic Soybean Contracting Opportunities with DuPont Business Pioneer Hi-Bred
Date:1/30/2008

SALISBURY, Md., Jan. 30 /PRNewswire-FirstCall/ -- Perdue AgriBusiness has announced it will be contracting low linolenic soybeans from DuPont business Pioneer Hi-Bred for the 2008 growing season to support the marketplace demand for healthier foods.

"Perdue is excited about the opportunity low lin soybeans bring to both soybean growers on the Eastern Shore and our food company customers who are seeking to lower the trans fat content of their products," said John Ade, Perdue vice president of grain sales and merchandising. "Adding value to growers' crops and offering solutions to customers is good news for agriculture."

Contracts for these opportunities will be made with growers on the Eastern Shore of Maryland and Delaware and in southern Pennsylvania. Perdue will pay a $0.60 per bushel premium for soybeans stored on-farm and delivered after harvest.

"We're very excited about expanding low lin soybean contracting through a quality organization such as Perdue," said Russ Sanders, Pioneer marketing director. "This is great news for growers seeking greater income through premiums and the food processors that seek to market healthier foods."

Growers will have two Pioneer(R) brand low linolenic soybean varieties to choose from in this region -- 92M82 and 93Y50. Both of these low lin varieties contain the Roundup Ready(R) trait. Soybean producers with interest in this program can contact their local Pioneer sales representative for more information.

This program marks a continuing expansion of national low lin soybean contracting opportunities with Pioneer soybeans. The 2008 growing season marks the fourth consecutive year Pioneer has marketed low lin soybeans, though Pioneer has been breeding low lin soybeans since the early 1990s.

Low lin soy oil is part of an expanding platform of soy products launched by Pioneer for the food, feed and industrial marketplaces. These include leading-edge soy output traits and products tha
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SOURCE DuPont
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