August 8, 2005
By Bob Fernandez, The Philadelphia Inquirer via Checkbiotech
Midwest farmers turned this year to a Monsanto Company seed that works with a popular weed-killer and fends off two potentially devastating pests.
As a result, several years of gradual market-share declines in DuPont’s Pioneer Hi-Bred International division in Iowa have widened to a drop of 2 or 3 percentage points this growing season.
Because corn seed is produced over two years, and given regulatory limitations on developing new biotech seeds, Pioneer will likely have a tough 2006 season before it recovers. But Pioneer spokesman Doyle Karr said this week that the rough patch was anticipated as DuPont develops biotech seeds with proprietary traits.
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