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Agrimarketing : April 2008
10 AgriMarketing April 2008 DuPont names Thomas M. Connelly, Exec VP, where he will lead the integration of biotechnology across the company's business seg- ments. He assumes responsibility for the DuPont Agriculture & Nutrition business segment in addition to his existing responsibilities and replaces Eric Fyrwald who joins Nalco as its Chmn/Pres/CEO. James C. Borel is named Group VP and will lead the company's production agri- culture busi- nesses which include the com- pany's Crop Protection and Pioneer Hi-Bred business units. He has been with the company for 30 years and most recently was its Sr VP, Human Resources. Prior, he was VP/GM of its Crop Protection unit. He is past Chmn CropLife America, FFA Sponsors Board and is currently on the Nat'l 4-H Council's Board of Trustees. Dow AgroSciences (DAS) acquires Triumph Seed, Ralls, TX, which markets sunflowers, corn, and sorghum across the U.S. and in approximately 25 countries. The agreement includes all com- mercial, production, research and development assets of the business. Triumph's Pres/Owner Noble Koepp will continue to work with the busi- ness in a number of leadership and strategic planning activities. DAS will continue to market Triumph seed under the Triumph brand to complement the company's current Mycogen Seeds business. John Monko is named GM of the new DAS business unit. He most recently served as DSM in North Carolina and has worked for DAS for more than 28 years. Nufarm Americas Inc., Burr Ridge, IL, reaches an agreement to acquire the assets of Etigra, Cary, NC. Bobcat Co., West Fargo, ND, intro- duces a new line of compact tractors designed for farmers, ranchers, com- mercial landscapers, groundskeep- ers, homeowners with acreage and other users. Five models are currently avail- able at selected Bobcat dealers with four models to be introduced throughout 2008. Industrial Equity Investments Lim- ited (IEIL), an int'l investment com- pany located in the Republic of Ire- land, completes its acquisition of Arysta LifeScience Corp. The enterprise value is approxi- mately $2.4 billion. AgriLabs, St. Joseph, MO, announces a joint venture with Allflex USA, Dallas, TX, to provide animal-identifi- cation products and support services to livestock producers. AgriLabs's AgriTag product line will be manufactured by Allflex. AgriLabs will complement the Allflex commercial team in provid- ing field service and marketing sup- port for Allflex-branded visual iden- tification products. Verdant Partners adds Dr. Gary Whiteaker as a Dir following his retirement from Sakata Seed. He can be contacted at 888/359-8470, ext. 8853 or by e-mail at garywhiteaker@ verdantpartners.com. At FMC, Aaron Locker is promoted from Product Mgr to Dir of Strategic Acc't Mgmt, leading his staff in developing and serving distributor channels. Daryl Wiest moves into the new position of Mkt Access Mgr where he will lead the company's future busi- ness strategies and e-business offer- ings and capabilities. He previously served as Nat'l Accts Mgr. Mark Frerichs is promoted to N. A. Sls Dir. Where he will lead the FMC sales force. He had been Midwest Reg'l Bus Mgr. Chip Willingham is named Midwest Reg'l Mgr. He had been Reg'l Bus Mgr for the eastern Midwest region. Craig Heim is appointed Mgr of Prod Devlp. He had been Prod Devlp Mgr. Bobby Leifker is appointed Prod Mgr. He was Retail Mkt Mgr in California and Idaho. Syngenta and DuPont announce a global agreement that will provide DuPont business, Pioneer Hi-Bred, access to Syngenta's novel insect control corn event, MIR162. Under the royalty-bearing agreement, Syngenta will grant Pioneer a non- exclusive, global license with stack- ing rights to MIR162. MIR162 is currently in the regula- tory review process in the U.S. and the major corn export markets. It is expected to receive U.S. regulatory approval by the end of the year. Andy Lee joins as CEO of Sipcam Agro USA and ADVAN, both head- quartered in Roswell, GA. He previ- ously held senior management positions with BASF and prior to that American Cyanamid. He began his career with Shell Nick- erson Seed Co. before joining Cyanamid as a Tech Dir in Europe. LandOwner newsletter editor Mike Walsten reports that farmland values continue to soar. He says, "Farmers are the number one buyers of Mid- western farmland and we've seen values in some areas jump by almost 50% since last fall. "It's driven by the strong demand for corn, soybeans and wheat and projections these strong prices could hang around for a few years." He reports a recent auction in Cedar Cty, IA, brought prices of $5,943 to $6,650 per acre. Another auction in early February in Poweshiek Cty, IA, brought $7,800 an acre. "Illinois, likewise, has rung the $7,000-bell several times," he says. Monsanto contributes $5 million to The World Food Prize Foundation intended to ensure that the Norman E. Borlaug Hall of Laureates will become the permanent home of "The Borlaug Dialogue," the World Food Prize's annual symposium on cutting-edge topics of global food security. The Hall of Laureates will empha- size the importance of global food security in today's world and will honor Dr. Borlaug, along with the World Food Prize Laureates and Lee Borel
May 2008 Supplement