Research Triangle Park, N.C., October 20, 2006 – BASF Plant Science and Select Hybrids, Camden, Ind., today announced they have signed a license agreement allowing Select Seed Hybrids to market corn hybrids with NutriDense.
“We strive to bring our customers the best of the new traits on the market today,” says Kevin Eggerling, general manager of Select Seed Hybrids. “With NutriDense we have seen good results and are confident our customers will see improved profitability. Hybrids containing the NutriDense trait will be available for planting in the 2007 growing season.”
NutriDense is a nutritionally enhanced set of traits designed to enhance animal feed performance. Studies have shown performance improvements when fed to cattle, poultry and swine. University research and on-farm trials show milk increases of up to three (3) lbs. per head per day in dairy cattle. Studies with swine have shown the efficient grain and/or feed cost reduction with NutriDense can save pork producers up to $4 per marketed hog. Multiple studies in major broiler operations with NutriDense show a consistent 4% to 4.5% increase in metabolizable energy over conventional yellow dent corn. These animal feed benefits have led to strong end-use demand, both domestically and internationally, solidifying contract premiums for NutriDense grain. NutriDense contracts offer a $0.25 per bushel premium over traditional yellow dent corn.
“Select Seed Hybrids fit the NutriDense system very well, sharing our goal to improve corn producers’ profitability through innovation,” says Barney Bernstein, Director of Trait Marketing and Sales for BASF Plant Science. “Select Seed customers will soon have the opportunity to realize the $0.25 per bushel premium offered for NutriDense hybrids at elevators 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, Wilmington and Mechanicsburg
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 animal nutrition, such as NutriDense, BASF’s value-added corn genetics line. Corn hybrids containing NutriDense are also available with many popular input traits, such as CLEARFIELD®, Roundup Ready®, Herculex® and YieldGard®.
About Select Seed Hybrids
Since 1928 Select Seed Hybrids has been recognized as a leader in seed corn development and customer service. Through a “hands-on” approach, they focus on developing, producing and strategically placing hybrids that will best suit the individual needs of customers.
Owned and managed by Mr. Arthur Eggerling, himself a corn breeder, Select Seed is dedicated to the continued advancement of one of the most progressive research programs in the seed corn industry – advancing hybrid development by utilizing cutting-edge technology, thoroughly tested for consistent results.
To find out more about Select Seed Hybrids, please see their Web site at www.selectseed.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. Herculex is a registered trademark of Dow AgroSciences LLC. Roundup Ready and YieldGard are registered trademarks of, and used under license from, Monsanto Technology LLC.
