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Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.
The soybean checkoff is a congressionally-mandated assessment on soybeans, whose proceeds are used to fund soybean research and promotion efforts. The checkoff is managed by the United Soybean Board under the supervision of the United States Department of Agriculture Agricultural Marketing Service. In 2014, the checkoff was $109.1 million. [1]
For example, each "tick" for the grain market (soybeans, corn and wheat) is 0.25 cents per bushel, on one 5,000-bushel futures contract. Tick values for some popular contracts (as of June 2010 [ 1 ] )
The combine grain yield monitor is a device coupled with other sensors to calculate and record the crop yield or grain yield as a modern-day combine harvester operates. Yield monitors are a part of the precision agriculture products available to producers today that provide producers with the tools to reduce costs, increase yields, and increase efficiency.
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in ...
Test weight refers to the average weight of a cereal as measured in pounds per bushel (1bu. = 8 gallons or 2150.42 cu. inches). Test weight is an important predictor of milling yield for rice and flour extraction rate for wheat. USDA’s official weight per bushel for the highest grade for major cereals and oilseeds include: wheat and soybeans ...
A genetically modified soybean is a soybean (Glycine max) that has had DNA introduced into it using genetic engineering techniques. [1]: 5 In 1996, the first genetically modified soybean was introduced to the U.S. by Monsanto. In 2014, 90.7 million hectares of GM soybeans were planted worldwide, making up 82% of the total soybeans cultivation area.
About 65 million metric tons of GM corn grains and about 70 million metric tons of soybean meals derived from GM soybean become feed. [ 95 ] In 2014 the global value of biotech seed was US$15.7 billion; US$11.3 billion (72%) was in industrial countries and US$4.4 billion (28%) was in the developing countries. [ 89 ]