July 25, 2014 5:42 PM ET

Food Products

Company Overview of Pioneer Hi-Bred International, Inc.

Company Overview

Pioneer Hi-Bred International, Inc. develops and supplies plant genetics to farmers worldwide. It offers various crops, including corn/maize, soybeans, sorghum, sunflower, alfalfas, canola, wheat, rice, cotton, pearl millets, mustard, forage additives, and inoculants. The company offers its products, agronomic support, and various services to farmers, processors, livestock producers, and others in the United States and internationally. Pioneer Hi-Bred International, Inc. was formerly known as Hi-Bred Corn Company and changed its name to Pioneer Hi-Bred International, Inc. in 1970. The company was founded in 1926 and is based in Johnston, Iowa with additional operations in Canada and internat...

Resource Connection

P.O. Box 1000

Johnston, IA 50131-0184

United States

Founded in 1926

5,025 Employees

Phone:

515-270-3200

Fax:

515-334-4415

Key Executives for Pioneer Hi-Bred International, Inc.

Vice President of Finance
Vice President of Integrated Operations and Commercial Effectiveness
Director of Investor Relations
Age: 42
Associate General Counsel
Compensation as of Fiscal Year 2014.

Pioneer Hi-Bred International, Inc. Key Developments

Weyerhaeuser Company and DuPont Pioneer Enter Technology License Agreement

Weyerhaeuser Company announced a technology license agreement with DuPont Pioneer that will advance seed technologies to help meet growing global demands for food, feed and fiber. The agreement brings together agricultural and forestry know-how to sustainably improve crop productivity for corn growers around the world. Based on scientific research behind years of Weyerhaeuser NR sustainable forestry, the manufactured seed technology allows for the storage, nourishment, planting and germination of cells capable of growing into a plant. This technology provides a means to cost-effectively regenerate valuable, limited or fragile plant material.

DuPont Pioneer Joins Universities in Nitrogen Management Project

DuPont Pioneer announced that it has joined with US Midwest land-grant universities and their respective soil nutrition management experts to help growers better manage nitrogen fertilizer practices while sustainably achieving maximum crop yields. DuPont said that the collaboration will pull together expertise in different soil nutrition areas and generate field data to improve crop models used to enhance more efficient production practices, specifically nitrogen management practices. Company agronomists have estimated that Corn Belt farmers currently lose on average $50-$60/acre as a result of nitrogen inefficiencies. Nitrogen is one of the most important crop inputs but is among the most complex and uncertain aspects of crop production. In addition to being susceptible to environmental losses, nitrogen's effectiveness is impacted by soil type and weather conditions. Enhanced management techniques could significantly narrow the nitrogen profit-loss gap by giving farmers more ability to plan, monitor and adapt practices to both maximise profitability and improve environmental quality.

Dupont Pioneer Announces Layoffs, Plant Closing

DuPont Pioneer announced dozens of layoffs at a seed production plant in Mount Pleasant that will also be closed. 50 employees were given layoff notices. Additional details were not disclosed. The closing will allow for better use of technology near areas with more seed acres. The company is doing a global review of its seed production plants, and optimizing around areas with more seed acres.

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