Perdue AgriBusiness to Contract Pioneer Soybeans

Contracts for these opportunities will be made with growers on the Eastern Shore of Maryland and Delaware and in southern Pennsylvania.  Perdue will pay a USD 0.60 per bushel premium for soybeans stored on-farm and delivered after harvest.

“Perdue is excited about the opportunity low lin soybeans bring to both soybean growers on the Eastern Shore and our food company customers who are seeking to lower the trans fat content of their products,” said John Ade, Perdue vice president of grain sales and merchandising.  “Adding value to growers’ crops and offering solutions to customers is good news for agriculture.”

“We’re very excited about expanding low lin soybean contracting through a quality organization such as Perdue,” said Russ Sanders, Pioneer marketing director.  “This is great news for growers seeking greater income through premiums and the food processors that seek to market healthier foods.”

Low lin soy oil is part of an expanding platform of soy products launched by Pioneer for the food, feed and industrial marketplaces.  These include leading-edge soy output traits and products that deliver premiums to growers and top quality oil products to companies across the value chain.