Dmrkynetec recently released its annual TraitTrak 2009 Corn and TraitTrak 2009 Soybean study results. The projects, which are the longest running yearly research on the corn and soybean seed markets in the private sector, continued to show the growers' rapid acceptance of the newest innovations in traits. Corn seed trait combination adoption continues the shift to the newer complex trait stacks. Soybean traits also continue the strong dominance in acreage.
"The acres planted using the quad stack varieties of corn have surpassed the double stack options," said Kerry Hubbard, vice president dmrkynetec. "This shift has occurred in just three years. Farmers adoption of the newer seed options continues at a very rapid pace."
Dmrkynetec has documented the U.S. seed corn industry's evolution for more than 20 years, quantifiably illustrating such market events as the impact of genetically modified seed traits, acquisitions and mergers, and changes within the seed distribution channel. The dynamics of this rapidly evolving market are captured from the perspective of the end users themselves. More than 5,000 corn growers and 3,500 soybean growers from across the U.S., tell their farmgate level view of doing business in the $9.5-plus billion dollar industry.
At the U.S. level, as well as smaller geographic levels, the TraitTrak studies are specifically designed to address those U.S. market questions most often asked by seed and related industries' senior executives, marketing and product managers.
Dmrkynetec is a global provider of market research and consulting services specializing in crop protection, biotechnology and animal health.