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CB: Our products target a number of underserved markets, and we
project we will hit our sales
goals by successfully meeting the needs of
these producers.
In addition to our select trait and early maturity hybrids, we
offer high protein and high-oil corn
hybrids that deliver a premium
price to farmers. We've also begun developing markets for the
grain
from these hybrids and are currently contracting acres to fill a
5-million bushel order for a
poultry operation in the Mideast.
We also want to become a significant supplier to the organic market
by offering certified organic
seed that provides grain and silage with
high energy content.
AM: How do you take advantage of today's technology to improve
conventional hybrids?
CB: Probably the most significant way we employ technology is
through DNA analysis. We work
closely with another area company,
BioDiagnostics, to employ marker-assisted breeding. This
process uses
DNA-based detection technologies to find any known gene in plants, and
apply
molecular markers for genotyping and molecular breeding. It allows
us to save a tremendous
amount of time and we can more quickly identify
value-added hybrids that offer the most potential
for yield.
AM: What is your sales/distribution system?
CB: We sell through distributors in five states, and we sell
directly to the producer when a
distributor is not available. We also
license germplasm to several companies in the U.S. and
international
markets.
AM: What types of marketing and communications activities are you
implementing to support the
brand?
CB: We completed an initial launch in January to put our flag in
the ground and let farmers know
that we're here.
To support this initial launch, we produced a full-page ad series
that is running in regional farm
publications in Minnesota, North Dakota and Wisconsin. We also are on the web with
www.CBSeed.com, and we have
on-going public relations tactics being implemented, including
media
relations and an active speaking schedule.
We have seed available to sell for this growing season, but our
first big marketing push will be for
the 2012 season, which will be
kicked off in September with a celebration to mark our 100year
anniversary.
AM: Anything else you think the ag industry would find of interest?
CB: The world's increasing demand for protein will open many
new opportunities for companies like
ours. Broilers will be the protein
of choice for consumers in many countries, and our high
oil/protein
hybrids provide a significant feed efficiency benefit for these birds.
We look forward to
serving agriculture for another 100 years by
providing grain and oilseeds for the highest quality
livestock and
poultry feed available.