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Pioneer strikes low-lin soybean contracting deal

Agriculture.com Staff 09/25/2006 @ 8:51am

Consolidated Grain and Barge Co. (CGB) has announced that it will be contracting Pioneer low-linolenic soybeans for the 2007 growing season through the Bunge DuPont Biotech Alliance.

The transportation firm will be working with local elevators in northern and central Illinois along the Illinois River to buy low-lin soybeans grown by producers from seed marketed by Pioneer Hi-Bred International, Inc., a subsidiary of DuPont. CGB will be accepting delivery at its Hennepin and Peru, Illinois, terminals. Participating local elevator partners will be announced at a later time.

The crop will be processed by Bunge to meet the growing demand for low-lin soybean oil within the food industry. Growers with interest in this program should contact CGB at 1-800-669-2437 or contact their local Pioneer sales representative.

This announcement marks a further expansion of the Bunge DuPont Biotech Alliance low-lin soybean contracting program. The Alliance recently announced it was expanding contracted acres for 2007, reaching into eight states.

Consolidated Grain and Barge Co. (CGB) has announced that it will be contracting Pioneer low-linolenic soybeans for the 2007 growing season through the Bunge DuPont Biotech Alliance.

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