|[December 03, 2012]
Dow AgroSciences Advances Corn Seed Performance in the Americas
MIDLAND, Mich. --(Business Wire)--
Fueled by robust investments in global plant breeding programs, Dow
AgroSciences, a wholly owned subsidiary of The Dow Chemical Company
(NYSE: DOW), has captured a greater share of the North and South
American corn seed market. This is the fourth consecutive year of corn
share gains in the Americas for Dow AgroSciences.
"Our considerable investments in corn research and development are
delivering strong germplasm and trait innovations that corn growers
demand," says Antonio Galindez, president and CEO, Dow AgroSciences. He
says farmers are taking notice of the powerful performance and
yield-enhancing technology provided by Dow AgroSciences corn hybrids.
"Dow AgroSciences seems to be one of the front runners in the technology
scene and helping you get better yields," says Steve Carroll of Pontiac,
Ill., who farms 1,600 acres in the heart of the Corn Belt.
Current-year yield results reinforce the vigor of the company's
comprehensive corn breeding program. Dow AgroSciences hybrids with
SmartStax® trait technology outyielded competitor hybrids by
nearly four bushels per acre in U.S. trials which, at today's grain
prices, translates to a significant boost in potential income for
farmers. This was the third season for SmartStax, a corn trait
combination developed by Dow AgroSciences that brings growers
broad-spectrum insect protection and high-yielding genetics.
"What we're after at the end of the day is yield. Improved genetics,
insect control and reduced refuge - all of those things are components
of high yield that SmartStax brings to us," says Mark Guy, a 3,000-acre
farmer from Iowa Falls, Iowa, who planted more than half his acres to
Dow AgroSciences hybrids this year.
Water utilization also is top of mind with many growers, particularly
after the record-setting drought in the central United States last
summer. Dow AgroSciences continues to invest in both native and genetic
drought tolerance research, with the goal of building corn hybrids with
more consistent yield under moisture stress. Corn hybrids from Dow
AgroSciences either matched or exceeded yields of competitive
drought-tolerant products in 2012 U.S. trials.
"Our corn research and development effortscontinue to pay dividends, as
we work together to bring solutions that maximize yield potential and
return on investment for growers throughout the Americas and the world,"
Galindez points out that Dow AgroSciences' market share growth in North
and South America is particularly meaningful, given the regions'
prominence in corn production. The Americas represented approximately 70
percent of the growth in the world corn seed market from 2010 to 2011.
Corn seed sales in the two continents during 2011 totaled $10.5 billion
- nearly two-thirds of the $16 billion total global sales figure.
"The Americas are significant players in the global corn market and are
of strategic importance to our business. We will continue to invest
resources to sustain our growth in these regions, not only in seeds and
traits but also in crop protection products that help our customers
provide food, fuel and fiber to a growing population," Galindez says.
Dow AgroSciences markets seed under the Mycogen®, Pfister
Seeds™, Dairyland Seed™, Renze Seeds™,
Brodbeck Seeds™, Prairie Brand Seed® and Triumph™
brands in the United States; and under the Mycogen and Hyland Seeds™
brands in Canada. In South America, the company's offering is sold under
the Dow Seeds™ and Morgan® brands.
About Dow AgroSciences
Dow AgroSciences, based in Indianapolis, Indiana, USA, develops
leading-edge crop protection and plant biotechnology solutions to meet
the challenges of the growing world. Dow AgroSciences is a wholly owned
subsidiary of The Dow Chemical Company and had annual global sales of
$5.7 billion in 2011. Learn more at www.dowagro.com.
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SmartStax® multi-event technology developed by Dow
AgroSciences and Monsanto.
®™Brodbeck Seeds, Dairyland Seed, DOW Diamond, Hyland Seeds,
Mycogen, Pfister Seeds, Prairie Brand Seed, Renze Seeds and Triumph Seed
are trademarks of The Dow Chemical Company ("Dow") or an affiliated
company of Dow.
®SmartStax is a registered trademark of Monsanto Technology
LLC. Always follow IRM, grain marketing and all other stewardship
practices and pesticide label directions. B.t. products may
not yet be registered in all states. Check with your seed representative
for the registration status in your state.
Dow (NYSE: DOW) combines the power of science and technology to
passionately innovate what is essential to human progress. The Company
connects chemistry and innovation with the principles of sustainability
to help address many of the world's most challenging problems such as
the need for clean water, renewable energy generation and conservation,
and increasing agricultural productivity. Dow's diversified
industry-leading portfolio of specialty chemical, advanced materials,
agrosciences and plastics businesses delivers a broad range of
technology-based products and solutions to customers in approximately
160 countries and in high growth sectors such as electronics, water,
energy, coatings and agriculture. In 2011, Dow had annual sales of $60
billion and employed approximately 52,000 people worldwide. The
Company's more than 5,000 products are manufactured at 197 sites in 36
countries across the globe. References to "Dow" or the "Company" mean
The Dow Chemical Company and its consolidated subsidiaries unless
otherwise expressly noted. More information about Dow can be found at www.dow.com.
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