) agricultural seed unit DuPont Pioneer announced that it has
entered into collaboration with DTN/The Progressive Farmer. The
collaboration will bring instant weather and market information
as well as innovative grain trading capabilities to farmers. The
terms of the agreement were undisclosed.
Both entities will come together to provide innovative knowledge
in agriculture to the growers. Farmers can take important
operational decisions through real time information exchanges
provided by the collaboration.
The customers of DuPont Pioneer will be able to select from an
exclusive network of weather stations, including those positioned
on growers' farms, which provide accurate, real-time local
information as well as environmental conditions in other regions.
The data will enable the growers to take accurate decisions for
their farming operations. The customers will also have access to
DTN/The Progressive Farmer's syndicated premium weather and
market content, which will help them in decision making
The collaboration will provide the growers with all the
requisite tools that they need to make their farming more
profitable. It will also increase operational efficiencies while
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DuPont Pioneer and DTN/The Progressive Farmer will work together
throughout 2014 and beyond to further boost electronic grain
trading capabilities that will link the buyers with sellers with
instant information regarding the recent trend in the rapidly
changing grain market.
The benefits of the tools provided by the collaboration include
targeted price matches, 24/7 price monitoring, electronic hedging
and mobile information on offers and market news with the
convenience of trading anytime anywhere. This effort will
integrate advanced technologies developed by DTN/The Progressive
Farmer and Farms Technology, a unit of DuPont Pioneer.
The services will be available to growers through authorized
DuPont Pioneer sales representatives who will be instrumental in
speeding up data exchange process. This will enable suitable
seed, fertilizer and other input purchasing and management
decisions with the latest field, market and weather data.
DuPont currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the chemical industry include
L'Air Liquide SA
Northern Technologies International Corp.
). All of them carry a Zacks Rank #1 (Strong Buy).