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
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. BASF Plant Science – a BASF group company – is one of the world’s leading companies providing innovative plant biotechnology solutions for agriculture. Today, more than 750 employees are helping farmers meet the growing demand for improved agricultural productivity and healthier nutrition for humans and animals. BASF Plant Science has developed an unparalleled gene discovery platform focusing on yield and quality traits in crops such as corn, soybean and rice. Jointly with leading partners in the seed industry BASF Plant Science is commercializing its products. Current projects include higher yielding row crops, nutritionally-enhanced corn for animal feed or higher content of Omega-3’s in oil crops for preventing cardiovascular diseases. To find out more about BASF Plant Science, please visit www.basf.com/plantscience.
About BASF Chemical Company
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF’s intelligent system solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has over 95,000 employees and posted sales of more than €42.7 billion (approximately $50.4 billion) in 2005.
Further information on BASF is available on the Internet at www.basf.com.
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.
