DuPont and Monsanto Fight for Seed Market Share

摘要

DuPont says market share gains in North America will boost earnings for its Pioneer Hi-Bred seed business. Based on U.S. Department of Agriculture data, the company says it added 1 percentage point share in corn and 4 points in soybeans. For each crop, Pioneer's seeds unit accounts for 36% of the North American market. "New and loyal customers see the value of our innovative products and that is why we continue to see success," says Paul Schickler, president, Pioneer Hi-Bred. "Our 'right product, right acre strategy' is winning and we are pulling ahead of the competition."