A recent audience survey conducted at a large Ag Leadership Symposium held in Omaha revealed that many attending producers were optimistic about the immediate future of growing row crops.

More than 600 people attended the Channel Bio Corp. sponsored event, with the majority of farmers coming from Nebraska and Iowa as well as from South Dakota., Kansas, Colorado and Missouri. Channel develops and markets corn and soybean seed products for Crow's Hybrids, Midwest Seed Genetics and NC+ Hybrids.

"From talking to producers and the reviewing the quick survey we conducted, it is evident that producers have an overall positive attitude about what lies ahead in the near future," Channel Manager of Marketing and Communications Randy Ramundt said. "I feel that positive outlook is reflected in the fact more than a third of respondents to the survey said they plan to purchase additional land or a new combine in the next 12 months. A majority of respondents also expect commodity prices to be relatively positive in the year ahead."

The audience instant-response survey revealed that 37 percent of those participating answered yes to the question if they plan to purchase more land in the next 12 months. When asked if they would purchase a new combine in the same time period 34 percent of the participants answered yes. Meanwhile 55 percent of respondents expect land values to remain flat or decrease 5 percent in the next 12 months. Over 65 percent of those being surveyed feel corn prices will be at $4 a bushel, or above, nine months from now.

"As one might anticipate based on regional environments, a majority of the Iowa producers had a high level of interest in nitrogen utilization for corn while their Nebraska brethren had a high interest in drought tolerance technology for corn," said Ramundt. "The topic that appeared to excite all our attendees the most was Roundup Ready 2 Yield soybeans."

Channel Bio Director of Product Advancement, Wayne Hoener, gave a detailed presentation of the research that has been conducted for Roundup Ready 2 Yield soybeans. Results of yield testing demonstrated a significant increase in yield compared to soybean varieties currently in the marketplace.

"The first generation of Roundup Ready beans were developed specifically with weed control in mind," stated Hoener. "Roundup Ready 2 Yield soybeans were developed and bred with the primary intent of boosting yield in Roundup Ready varieties. They produce additional pods compared to current Roundup varieties, meaning they produce more seeds which in turn, of course, means higher yields."

A limited allocation of Roundup Ready 2 Yield soybeans will be sold to producers in 2009 with a wider selection of varieties and supply available in 2010. "A real key to the Roundup Ready 2 Yield soybeans is to plant them in situations where they can get maximum yield," said Ramundt. "That's why our Crow's Hybrids, Midwest Seed Genetics and NC+ seedsmen will be working with our customers to make sure they match the best varieties to specific environments."

Channel Bio Corp. is one of the largest and fastest-growing seed corn and soybean seed companies in the U.S., with more than 280 full-time sales representatives working directly with row-crop farmers. The Channel brands are Crow's Hybrids, Midwest Seed Genetics and NC+ Hybrids.

SOURCE: Channel Bio Corp.