St. Louis, Missouri
October 28, 2004
Corn growers interested in growing
corn preferred by ethanol processors can now earn even more from
their Processor Preferred(r) High Fermentable Corn
(HFC). Thanks to a new partnership announced between Beef
producers, Pork producers and
Monsanto, the first 3,000 growers who enroll online in the
Fuel Your ProfitsSM
initiative will receive $25 Beef or Pork E-Buck$ gift
certificates. The
Fuel Your Profits
initiative is a Processor Preferred(r) HFC solutions
package available to dry-mill ethanol plants and growers. The
initiative is designed to deliver improved corn for the dry-mill
ethanol industry, drive increased ethanol demand and expand
ethanol fuel infrastructure to support that demand.
High Fermentable Corn is
designed to deliver higher levels of fermentable starch. This
characteristic allows dry-mill ethanol plants to obtain higher
ethanol yields and makes ethanol production more efficient and
more profitable. Distillers grain is a co-product of the
dry-mill ethanol production process and one of the
fastest-growing feed ingredients in the United States
"Distillers grain is high in
protein, fiber, fat and other nutrients that producers want for
their livestock," says Brian Waddingham, Director of Industry
Relations at the Iowa Beef Council. "We are pleased to join an
initiative that allows us to support the important distillers
grain market and ensure our producers have access to feed that
is important to the continued growth of our industry."
Because of the nutrients in
distillers grain, beef and pork producers are finding tremendous
value in the dry-mill co-product. "Research has shown that
distillers grain is a viable protein alternative in swine diets
which helps maintain a high level of production efficiency and
muscle quality," according to Eugene VerSteegh, Vice President
of Producer Services for the Iowa Pork Producers Association.
"We support value-added agriculture programs and the Fuel Your
Profits initiative."
The first 3,000 growers who
visit
www.monsanto.com/fuelyourprofits and
register online in the Fuel Your
Profits initiative will be
eligible to receive a $25 E-Buck$ gift certificate toward the
purchase of beef or pork. Growers must confirm their local
ethanol plant is participating in the
Fuel Your Profits
initiative and verify that they have purchased a minimum of 25
units of Processor Preferred High Fermentable Corn from any of
the over 90 independent seed brands offering the product. Gift
certificates will be mailed courtesy of the Iowa Beef Industry
Council or the Iowa Pork Producers Association.
"Participating in the
Fuel Your Profits
initiative allows growers to maximize their seed investment by
growing hybrids that are preferred by processors," says Amy
Rutherford, Monsanto's Processor Preferred Business Manager. "To
date, there are 33 dry-mill ethanol plants enrolled in Fuel Your
Profits, with over 120 grain elevators listed as supporting
delivery points. Adding the Beef and Pork industries to the list
broadens our goal of creating value throughout the ethanol
industry."
Growers interested in learning
more about Processor Preferred High Fermentable Corn should
visit
www.monsanto.com/monsanto/us_ag
or see their local seed sales
representative.
Producer-directed and
consumer-focused, the Iowa Beef Industry Council directs the
program efforts of the beef checkoff retained in Iowa. The beef
checkoff program was established as part of the 1985 Farm Bill.
The beef checkoff assesses $1 per head on the sale of live
domestic and imported cattle, in addition to a comparable
assessment on imported beef and beef products.
The Iowa Pork Producers
Association is a grassroots organization representing Iowa's
pork producers. It consists of over 80 structured county
associations across the state, and over 5000 affiliated and
associate members.
Monsanto Company (NYSE: MON)
is a leading global provider of technology-based solutions and
agricultural products that improve farm productivity and food
quality.
*Only online enrollments are
eligible for Beef and Pork E-Buck$. E-Buck$ certificates will be
available as long as supplies last.
Fuel Your Profits and
Processor Preferred are trademarks of Monsanto Technology LLC. |