Production Incentives for Low Linolenic Soybeans 27791

DES MOINES, IowaThe Bunge DuPont Biotech Alliance is dramatically increasing planted acreage of low linolenic soybeans to meet growing demand for TREUS Low Linolenic Soybean Oil. Growers across the Midwest have expanded options to earn special premiums for their soybeans during the 2007 season. Pioneer (www.pioneer.com) and Bunge are working with growers and local elevators to contract special low line varieties to produce the TREUS oil. Selected elevators throughout the region will offer up to a 40-cent premium per bushel for low linolenic soybeans from Pioneer Hi-Bred International. Pioneer is continuing to expand the line-up of low linolenic soybean varieties available in its high performing soybean product line. Several new varieties of soy bean will be introduced for 2007 that can be grown across broader geographies and maturity zones. We are seeing strong demand from food companies for low linolenic soybean oil and are excited to offer valuable contracting opportunities to soybean growers, said Troy Hobbs, Alliance business manager.

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