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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals
DuPont and Monsanto Fight for Seed Market Share
3:33 PM MDT | September 26, 2011 | —REBECCA COONS
Seed Wars: Monsanto and DuPont are looking to upgrade farmers to higher-value seeds. 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...
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