Research Triangle Park, N.C., August 21, 2006 – BASF Plant Science and CGB International today announced that CGB’s Jeffersonville, Indiana location will offer NutriDense contracts for the 2007 growing season.
“CGB’s Premium Grains is committed to developing programs that fill a unique need and deliver profitable results for growers and end-users. NutriDense fits that philosophy very well,” said Mark St. Clair, manager of market development for Consolidated Grains and Barge Co. “We offered NutriDense contracts at two locations last year and have seen tremendous interest in this nutritionally enhanced corn. The new Jeffersonville location opens up an opportunity for additional growers in Indiana.”
NutriDense is a nutritionally enhanced set of traits designed to enhance animal feed performance. Studies have shown performance improvements when fed to dairy, poultry and swine. NutriDense contracts offer a $0.25 premium over traditional yellow dent corn and will be available at CGB locations in Aurora, Ind., Madison, Ind., Princeton, Ind. and Jeffersonville, Ind.
“End-use demand for NutriDense continues to expand, both domestically and internationally, solidifying the contract premium for NutriDense grain,” says Barney Bernstein, director of trait marketing and sales for BASF Plant Science. “Contract premiums and high-quality NutriDense hybrids mean increased revenue per acre for growers.”
NutriDense grain contracts are available across the Corn Belt. Delivery locations include:
Indiana: Madison, Princeton, Aurora, Jeffersonville, Edinburgh, Evansville, Dunkirk, Delphi and Roachdale
Illinois: Beardstown, Greenville, Hookdale, Sauget, Neoga, Watson, St. Louis, Pekin, Bourbonnais, Woodhull, Hennepin, New Boston, East Saint Louis, East Dubuque, Savanna, Naples, Pittsfield and Morris
Ohio: Cincinnati, South Charleston and Wilmington
Iowa: Des Moines
BASF Plant Science encompasses the technology and seed platforms and activities for the BASF global plant biotechnology effort. Research is focused on developing innovative products with improved cold and drought tolerance and plants that provide healthier nutrition. Corn hybrids containing NutriDense are also available with many popular input traits, such as CLEARFIELD®, Roundup Ready® and YieldGard®.
About Consolidated Grain and Barge Co.
CGB has been an innovative and progressive leader in the grain and transportation industries since 1970, when it began modestly in a small office in St. Louis, Missouri with 3 employees. Today, CGB operates as a global enterprise in more than 70 locations with over 750 employees, overseeing a diverse family of businesses.
The company provides an array of services for grain farmers, from financing and risk management to buying, storing, selling and shipping of the crop. CGB continues to be one of the largest shippers of grain on the inland river system.
To find our more information about CGB, please visit their Web site at: www.cgb.com.
About BASF Plant Science
In order to take advantage of the possibilities of plant biotechnology, BASF, a leader in the areas of agricultural products and fine chemicals, founded BASF Plan Science in 1998 as its own biotechnology company. BASF Plant Science coordinates a research and development platform in Europe and North America with more than 570 employees working to optimize crops for the following sectors: more efficient agriculture, renewable raw materials for specialty products and healthier nutrition for humans and animals. These include, for example, plants with improved agronomic characteristics, a higher content of vitamins or Omega-3 fatty acids for preventing cardiovascular diseases as well as plants with higher nutritional value for animals.
BASF is the world’s leading chemical company. In 2005, BASF and its approximately 94,000 employees achieved sales of more than $50.4 billion.
To find out more about BASF Plant Science, please see our Web site at: www.basf.com/biotechnology.
CLEARFIELD is a registered trademark of BASF Agrochemical Products N.V. Roundup Ready and YieldGard are registered trademarks of, and used under license from, Monsanto Company.
