Aug 20 2008
DuPont has announced that growers who plant Pioneer® brand corn hybrids with the Herculex® XTRA trait, including those stacked with the Roundup Ready® Corn 2 trait, will be eligible for crop insurance premium reductions in select U.S. states in 2009.
DuPont business Pioneer Hi-Bred received approval from the Federal Crop Insurance Corporation (FCIC) Board of Directors to be part of a new crop insurance program, Risk Management Biotechnology Endorsement (BE).
The Risk Management Agency (RMA) announced yesterday the BE program for Pioneer corn hybrids will include non-irrigated corn for grain in the following U.S. states: Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio, South Dakota and Wisconsin.
Pioneer worked on an industrywide team to help bring this expanded crop insurance program to farmers. Many Pioneer sales representatives offer crop insurance through PHI Insurance Services, Inc.
"The approval of this program for Pioneer products with the Herculex® XTRA trait clearly indicates this trait lowers a grower's risk," said Paul Schickler, DuPont vice president and general manager and Pioneer president. "This technology protects field crops, contributes to greater yields and helps growers get more value from each acre of land. We're glad that our customers can benefit from programs such as Biotechnology Endorsement."
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