St. Louis, Missouri
November 24, 2008
The unusually late start to this
year's corn and soybean season finds many U.S. farmers still in
the field, harvesting what the U.S. Department of Agriculture
(USDA) estimates to be among the largest crops on record. In
order to better serve farmers who have been delayed by harvest
in making their 2009 seed purchase decisions,
Monsanto Company (NYSE:
MON) today announced it is enhancing its DEKALB® early purchase
program on seed orders.
"One of the most important things we can do to help farmers is
to listen and do our absolute best to respond to their needs,"
said Dieter Holtz, Monsanto vice president of national brands.
"We are enhancing our early purchase program and extending the
window of opportunity for farmers who are finishing up harvest
and at the same time are trying to make seed purchase decisions
for next year."
Last week, Monsanto reported that preliminary data collected
from more than 12,800 research comparisons demonstrate that
nationally, the five leading DEKALB corn seed products out
yielded national competitive corn seed products by 9.8 bushels
per acre on average. Monsanto's DEKALB brand also out yielded
Pioneer's competitive corn seed products by 8.8 bushels per acre
on average in data collected from 9,870 head-to-head comparisons
throughout the Corn Belt.
"Combining our proven track record of strong performance with
our enhanced purchase program enables farmers to select DEKALB
products for 2009 with confidence," said Holtz.
Under the enhanced program, farmers can take advantage of
increased and extended program rates for early purchase of
DEKALB seed. For example, the early purchase rate for farmers
has increased from 7.75 percent to 10 percent, and the purchase
deadline has been extended from Nov. 15 to Dec. 10.
To learn more about the early purchase program and related
financing options, farmers should visit their DEKALB seed
dealer.
Monsanto Company is a leading global provider of
technology-based solutions and agricultural products that
improve farm productivity and food quality.
Monsanto remains focused on enabling both small-holder and
large- scale farmers to produce more from their land while
conserving more of our world's natural resources such as water
and energy. To learn more about our business and our
commitments, please visit:
http://www.monsanto.com/. To learn more about this year's
harvest season, please visit Monsanto harvest videos.
DEKALB is a registered trademark of Monsanto Company and its
wholly owned subsidiaries. Pioneer is a registered trademark of
Pioneer Hi-Bred International, Inc. |
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