BANK OF AMERICA MERRILL LYNCH GLOBAL AGRICULTURE CONFERENCE 2015 - JIM BOREL, EXECUTIVE VICE PRESIDENT, DUPONT
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BANK OF AMERICA MERRILL LYNCH GLOBAL AGRICULTURE CONFERENCE 2015 Jim Borel, Executive Vice President, DuPont February 26, 2014
Regulation G
The attached charts include company information that does not conform to generally accepted accounting principles (GAAP). Management believes that an analysis of this data is
meaningful to investors because it provides insight with respect to ongoing operating results of the company and allows investors to better evaluate the financial results of the company.
These measures should not be viewed as an alternative to GAAP measures of performance. Furthermore, these measures may not be consistent with similar measures provided by
other companies. This data should be read in conjunction with previously published company reports on Forms 10-K, 10-Q, and 8-K. These reports, along with reconciliations on non-
GAAP measures to GAAP are available on the Investor Center of www.dupont.com under Key Financials & Filings. Reconciliations of non-GAAP measures to GAAP are also included
with this presentation.
Forward Looking Statements
This document contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “believes,” “intends,” “estimates,” “anticipates” or other
words of similar meaning. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development,
regulatory approval, market position, anticipated benefits of recent acquisitions, timing of anticipated benefits from restructuring actions, outcome of contingencies, such as litigation and
environmental matters, expenditures and financial results, are forward looking statements. Forward-looking statements are not guarantees of future performance and are based on
certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the
company’s control. Some of the important factors that could cause the company’s actual results to differ materially from those projected in any such forward-looking statements are:
fluctuations in energy and raw material prices; failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules,
regulations and policies affecting products based on biotechnology; significant litigation and environmental matters; failure to appropriately manage process safety and product
stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates;
business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, weather events and natural disasters; ability to protect and enforce the company's intellectual
property rights; successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses and successful completion of the proposed spinoff
of the Performance Chemicals segment including ability to fully realize the expected benefits of the proposed spinoff. The company undertakes no duty to update any forward-looking
statements as a result of future developments or new information.
Developing Markets
Total developing markets is comprised of Developing Asia, Developing Europe, Middle East & Africa, and Latin America. A detailed list of all developing countries is available on the
Earnings News Release link on the Investor Center website at www.dupont.com.
2
Decisions Driven by Three Strategic Priorities…
AGRICULTURE BIO-BASED ADVANCED
& NUTRITION INDUSTRIALS MATERIALS
Extend leadership across the Develop world-leading Strengthen and grow leading
high-value, science-driven industrial biotech capabilities position in differentiated
segments of the Ag and Food to create transformational new high-value materials through
value chain. bio-based businesses. science-based solutions.
Higher Growth, Higher Value Company
Through Three World-Leading Positions
3
Global Demand Growth for Grain
Emerging Middle Class (Billions) Global Corn
1000 Million MT
4.88
950
900
3.25
3B 850
1+ 800
B
1.85 750
Other
North America 700
Europe 650
2004
2006
2008
2010
2012
2014
Asia-Pacific
2009 2020 2030
Consumption Production
Long-term, Sustainable Demand Remains Intact
Data Source: United Nations, OECD and USDA.
4
DuPont Is Uniquely Positioned
Leading Capabilities Across Four Innovation Platforms
Services
Trusted Partner
Biologicals
Emerging Discoveries & Pipeline
Chemistry
Leading Products & Pipeline
Seed
Germplasm, Traits, Locally Advanced
INNOVATION PLATFORMS
Integrated Solutions to Challenges in Agriculture
5
Industry Leading Growth in Agriculture
Led all major competitors with 10% compound annual sales growth from 2008 to 2014*
Innovative Products and Services
Optimum® AcreMax®
Optimum® AQUAmax® Rynaxypyr® Seed Optimum® Leptra® Next Gen Soy
Germplasm EncircaSM Services Cyazypyr® Treatment DP4114 Hybrid Rice
Improvement T Series soybeans Optimum® GLY canola
Fungicides Solutions Ag Biologicals Hybrid Wheat
Plenish® soybeans^
Extending our Global Reach
Central
and Western
Brazil India China Africa
Eastern Canada
Europe
Strong Track Record, Strong Foundation for Growth
* Public company files. Agriculture peers included BASF, Bayer CropScience, Monsanto, Syngenta and Dow AgroSciences.
6
DuPont Pioneer Corn Breeding
Industry-leading germplasm, advanced technologies, local solutions
Leveraging Germplasm & Traits Globally Genomic IMPACT™
Common germplasm flow from DuPont Pioneer Research Centers Prediction Trials
Trait
First Winter Integration
Nursery Managed
One Corn
Environments
Productivity
Marker Assisted
Selection
Limited Drought Doubled
Irrigation Trials Tolerance Haploids Boreas Wind
Machine
Stalk Rot Gray Leaf
Spot
2-Plot
Combines Goss’s
Analytics Wilt Southern
Rust
1905 1955 1965 1975 1985 1995 2005 2015 2025
Pioneer® brand Pioneer® brand Pioneer® brand Pioneer® brand Pioneer® brand
hybrid 307 hybrid 3780 hybrids: hybrids: hybrids:
3162 P1151 P1197
3394 P2088 P0157
Copper Pioneer® brand Pioneer® brand
Cross hybrid hybrids: ® ®
hybrid 3377 Optimum AcreMax products
312A Optimum® AQUAmax® hybrids
321 Ultra Early Corn
Advanced
Extensive
Enabling Superior Native Right Product,
Germplasm
Technologies & Traits Right Acre
Library
Methods 7
2015 DuPont Pioneer Corn R&D Pipeline
Delivering insect protection & agronomic traits
NEAR TO MID-TERM
Est. ADVANCING BROAD-SPECTRUM
MARKET
R&D PHASE MARKETS Peak INSECT PROTECTION
OPPORTUNITY
CORN (●) PRIMARY
(MM ACRES) Sales GERMPLASM STRENGTH
• Traits combined with elite
D 1 2 3 4 L NA EU LA AP AF 100 H/ M/ L germplasm, native traits, and
HIGHLIGHTED PRODUCT CONCEPTS seed treatment
Optimum® Leptra hybrids
® ● ● H
• Broad range of genetic
backgrounds for a strong lineup of
Lepidopteran/Coleopteran Protection DP 4114 ● H locally- adapted products
BIOTECH SOLUTIONS ENHANCED TRAIT DURABILITY
New MOA Lepidopteran Protection III ● ● ● ●
• Above- and below-ground
protection and integrated refuge
New MOA Coleopteran Protection III ● • Multiple modes of action
Drought Tolerance II ●
DRIVING YIELDS THROUGH
Nitrogen Use Efficiency ● ENABLING TECHNOLOGIES
DIFFERENTIAL BREEDING SOLUTIONS
ADVANCEMENTS LEADING TO
HIGHER YIELDS & INCREASED
Continual Germplasm & Native Trait Improvements ● ● ● ● ● H
SPEED TO MARKET
● Precision phenotyping
● Predictive analytics
● Increased scope of screening
R&D Phases
D=Discovery
1=Proof of Concept
2=Early Development LONG-TERM
3=Advanced Development
4=Pre-Launch BUILDING MOMENTUM IN
Launch=Available for commercial sale or use
RESEARCH ADVANCEMENTS
Products, concepts, or benefits described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Each Phase represents only
the lead event for each program. Discovery and market evaluation is an ongoing process for all programs in the pipeline. • Agronomic traits, building on
science and success of Optimum®
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H= $500MM+ | Indicates advancement or addition (2/14-2/15). AQUAmax® hybrids
Market Opportunity • Insect protection traits, delivering
Market Opportunity reflects total acres in Primary Markets in millions
new modes of action for product
durability 8
Optimum® Leptra® Insect Protection
Multiple modes of action against above-ground lepidopteran pests
R&D Phase - Launch
BENEFITS D 1 2 3 4 L
• Maximize overall farm yield by
protecting yield potential of our
superior genetics
• Provides multiple modes of
action for above-ground
lepidopteran pests
• Herculex® I trait EAR
• YieldGard® Corn Borer trait PROTECTION
• Agrisure Viptera® trait
• Offer industry leading traits that Optimum® Leptra ®
Hybrid
Control
Hybrid
help protect against corn
earworm, fall armyworm
southwestern corn borer, and
sugar cane borer VEGETATIVE
• Helps enhance trait durability PROTECTION
GROWER BENEFIT Maximized Farm Yields | Technology Preservation
9
DP 4114 Lepidopteran/Coleopteran Protection
High yield potential with proven above- and below- ground insect protection
R&D Phase – 4 Pre Launch
D 1 2 3 4 L
BENEFITS
• Stacked with other insect
traits for dual-mode above-
and below-ground protection
• Easier to breed with and
compatible with a broader
range of germplasm DP 4114 Research Plot
• Expected to offer increased Strong Efficacy & Agronomics | Above- & Below- Ground Insect Protection
yield over current traits
• Will enable more triple-stack
options to increase North
America mix to ~50%
• Creates more value for the
farmer and a price lift for
Pioneer
• Will be tested in IMPACT™
trials in 2015
GROWER BENEFIT Simplified Refuge | Enhanced Yield Performance
102015 DuPont Pioneer Soybean R&D Pipeline
Delivering increased end-use value & herbicide tolerance traits
NEAR TO MID-TERM
MARKET Est.
MARKETS DELIVERING MARKET-DRIVEN
R&D PHASE OPPORTUNITY Peak
SOYBEAN (●) PRIMARY
(MM ACRES) Sales
TECHNOLOGY AND GENETICS
GERMPLASM STRENGTH
D 1 2 3 4 L NA EU LA AP AF 100 H/ M/ L • Advanced agronomic and
HIGHLIGHTED PRODUCT CONCEPTS defensive traits paired with an
Plenish® High Oleic Soybeans^ ● M expanded suite of elite genetics
building on Pioneer® brand T
Multiple Mode Herbicide Tolerance ● ● H
Series soybeans
BIOTECH SOLUTIONS
INCREASED END-USE VALUE &
Increased Soybean Oil & Improved Meal Value ● ● HERBICIDE TOLERANCE TRAITS
Lepidopteran Protection ● • Roundup Ready 2 Xtend™ trait
• LibertyLink® trait
Hemipteran Protection ●
• BOLT™ technology
Asian Soybean Rust Resistance ● • Plenish® High Oleic Soybeans
DIFFERENTIAL BREEDING SOLUTIONS
DRIVING YIELDS THROUGH
Continual Germplasm & Native Trait Improvements ● ● H
ENABLING TECHNOLOGIES
ADVANCEMENTS LEADING TO
INCREASED HARVESTABLE
YIELDS THROUGH:
R&D Phases ● Precision phenotyping
D=Discovery
1=Proof of Concept ● Predictive analytics
2=Early Development
3=Advanced Development
4=Pre-Launch
Launch=Available for commercial sale or use
Products, concepts, or benefits described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Each Phase represents
LONG-TERM
only the lead event for each program. Discovery and market evaluation is an ongoing process for all programs in the pipeline.
BUILDING MOMENTUM IN
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H= $500MM + | Indicates advancement or addition (2/14-2/15).
RESEARCH ADVANCEMENTS
● Enhanced end-use value
Market Opportunity
Market Opportunity reflects total acres in Primary Markets in millions ● Target key tropical pests
● Disease resistance 112015 DuPont Pioneer Additional Crops R&D Pipeline
Delivering herbicide tolerant canola traits & hybrid wheat and rice
NEAR TO MID-TERM
Est.
ADDITIONAL R & D PHASE MARKETS
(●) PRIMARY
MARKET
OPPORTUNITY Peak HERBICIDE TOLERANCE
(MM ACRES) Sales GERMPLASM STRENGTH
CROPS D 1 2 3 4 L NA EU LA AP AF 100 H/ M/ L • Herbicide tolerant options in
CANOLA
canola, backed by elite
germplasm across crops
Optimum® GLY Herbicide Tolerance ● ● M
• Canola and sunflower
Herbicide Tolerant Canola with the LibertyLink ® trait ● L
products offered in
®
Herbicide Tolerant Canola with the Optimum GLY new ● L combination with Pioneer
LibertyLink® trait stack
Protector® native traits that
RICE
provide defense against
Hybrid Rice Technology II ●
damaging insects and
Dual Mode of Action Lepidopteran Protection ● diseases
WHEAT • Hybrid rice product offerings
Hybrid Wheat Technology ● with protection against pests
ALL CROPS DIFFERENTIAL BREEDING SOLUTIONS and disease
Continual Germplasm & Native Trait Improvements ● ● ● H
LONG-TERM
R&D Phases
D=Discovery
1=Proof of Concept
2=Early Development
3=Advanced Development
4=Pre-Launch BUILDING MOMENTUM IN
Launch=Available for commercial sale or use
RESEARCH ADVANCEMENTS
Products, concepts, or benefits described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Each Phase represents only the
lead event for each program. Discovery and market evaluation is an ongoing process for all programs in the pipeline. • Key insects and pathogens
Estimated Peak Sales Range • Expansion of hybrid systems
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H= $500MM + | Indicates advancement or addition (2/14-2/15).
Market Opportunity
Market Opportunity reflects total acres in Primary Markets in millions
122015 DuPont Crop Protection Pipeline
Sustainable growth and innovation through a highly productive pipeline
Est. MOST PRODUCTIVE AND INNOVATIVE
R&D PHASE Target Market Peak PIPELINE IN THE INDUSTRY
PROGRAM (●)
Sales FOCUSED RESEARCH
D 1 2 3 4 L F&V Rice Cereals Corn
Oil-
H / MNew
/L
• Target to deliver one commercial
seeds
candidate each year to the pipeline
WEED CONTROL New • Novel modes of action and new classes
Broadleaf weed control (SU) ● L
of chemistry
New class of grass and broad leaf weed
• Successful renewal of existing
control
● ● technologies
New mode of action grass and broad leaf
new ● ● NEAR TERM LAUNCHES
weed control
BUILDING ON SUCCESS OF
New mode of action broad leaf weed control new ● RYNAXYPYR® AND CYAZYPYR®
INSECT and NEMATODE CONTROL • NewAdvanced
seed treatment solutions
• DuPont™ Zorvec™ disease control later
Cyazypyr® cross-spectrum insect control ● ● H
this year
Lumigen™ Seed Sense ● ● ● H • DuPont™ Pyraxalt™ insect control in rice
Pyraxalt™, new class of insect control for expected in the next few years
piercing pests
● M
Broad spectrum nematicide, new mode of
action
● M
Dicloromezotiaz, new class of insect control
for chewing pests
● ● R&D Phases
D=Discovery
1=Proof of Concept
New class of insect control for piercing pests new ● 2=Early Development
3=Advanced Development
4=Pre-Launch
DISEASE CONTROL Launch=Available for commercial sale or use
Penthiopyrad broad-spectrum disease Products, concepts, or benefits described herein will not be offered for sale or
control
● ● M distribution until completion of field testing and applicable regulatory reviews. Each
Phase represents only the lead event for each program. Discovery and market
evaluation is an ongoing process for all programs in the pipeline.
Zorvec™ oomycete control, new mode of
action
● ● M
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H=
Lumigen™ Seed Sense ● ● L $500MM+ | Indicates advancement or addition (2/14-2/15).
Broad-spectrum disease control, new mode
of action
● ● 13Innovation
Insect Control Solutions in Crop Protection
DuPont™ Rynaxypyr® DuPont™ Cyazypyr® New DuPont™ Pyraxalt™
Insect Control Insect Control Insect Control
Exceeded $1.2 billion in Sales Creating exceptional Grower New class of Insect Control
in 2014 Value in Rice
• Rynaxypyr® sold in over 90 • Targeting high value fruit and • Novel activity for control of wide
countries in 2014. vegetable crops. spectrum of hopper insects in
Rice in Asia.
• Additional products in insect • Outstanding performance
control portfolio building on the exceeding farmers’ expectations. • Favorable environmental profile.
success of Rynaxypyr®. • Expected 2016 Registrations in
• Reduces number of applications
• Setting new standards in plant while enhancing produce quality China, Korea and Philippines.
protection performance that and marketable yield. • Planned expansion to Malaysia,
translates into improved yield Indonesia, India, Japan,
• Launched in key countries
and quality. Vietnam, Taiwan and Thailand.
including Brazil, China, India,
Japan, US and Canada.
Growing and expanding Insect Control solutions
*DuPontTM PyraxaltTM is not registered for use or sale in the United States and other countries. No offer for sale, sale or use of these products are permitted prior to the issuance of the country
level registration. 14Innovation
Disease Management Solutions in Crop Protection
DuPont™ Picoxystrobin DuPont™ Penthiopyrad DuPont™ Zorvec™
Disease Control Disease Control Disease Control
Launched in UK, US, Canada, Novel activity in disease
Exceeded $400 million in 2014
Argentina, Mexico management
• Enhanced in-season protection • Broad-spectrum preventive and • New mode of action, low rate,
and improved harvestable yield curative protection. solution of choice providing
in soybeans, corn, canola, • Expanding in fruits and growers unmatched consistency
cereals, dry-beans, rice. vegetables (F&V) in North and control resulting in better
• Sold in over 50 countries America, launching in cereals crops for better business.
including Brazil, Argentina, US, and F&V in Europe. • Planned 2015 launches in
Canada, Ukraine, Russia • Planned 2015 launches in Italy Argentina, Mexico and
Federation, France, Germany, and Poland in apples. Australia.
Poland, China, India and South
• Registered in over 20 countries. • Foliar treatment in fruits and
Africa.
vegetables.
• Developing seed treatment • Developing seed treatment
application under DuPontTM • Part of DuPontTM LumigenTM
application under DuPontTM
LumigenTM seed sense. seed sense in corn, soybeans
LumigenTM seed sense.
and sunflower.
Creating Unique Portfolio of Disease Management Solutions
*DuPontTM ZorvecTM is not registered for use or sale in the United States. No offer for sale, sale or use of these products are permitted prior to the issuance of the country level registration. 15Innovation
Seed Treatment Solutions
DuPont™ Lumiderm™ DuPont™ Dermacor® DuPont™ Lumivia™
Insecticide Seed Treatment Insecticide Seed Treatment Insecticide Seed Treatment
2014 Initial Launch in Canada for 2014 Initial Launch in Brazil for 2015 Launch in the United States
Canola on over 650,000 acres Soybeans on over 3 million acres for Corn
• Offers enhanced protection from • Supports emergency registration in • Improved yield advantage
cutworms and flea beetles Brazil for control of Helicoverpa in
• Offering enhanced protection from
soybeans
• Residual control of insects up to 35 wireworm, black cutworm, white grubs
days after seedling • Excellent above and below ground and fall armyworm
insect control to protect plant vigor • Available in the US exclusively on the
• Superb early season vigor
• Pursuing expansion to other crops newest Pioneer® brand hybrids as
and markets part of the Pioneer Premium Seed
Treatment program
Extending DuPont Science Into Seed Treatment
16Innovation
EncircaSM Services
Strategic Collaborations Enhance Services
The largest and most accurate Ag Weather Network*
• DTN Ag Weather Network
Most granular view of soils and topography
• USDA-ARS
• University of Missouri
Addressing the most critical
Improved crop and nitrogen models challenges growers face
• Data generated by 8 Midwest land-grant universities
Seamless transfer of data for real-time insights
• John Deere
• AGCO
• Raven Industries
Strong grower adoption
• EncircaSM View – 13,000+ Users PROFITABILITY RISK MANAGEMENT
• EncircaSM Yield Nitrogen Management
Service – Approaching 500,000 acres invoiced
• EncircaSM Yield Stand – to help growers maximize
plant stands and yield potential
SUSTAINABILITY CONVENIENCE
Helping Growers Unlock The Full Potential Of Their Land
*According to an independent Forecastwatch.com report. Schneider Electric, DTN/The Progressive Farmer's parent company, has delivered the industry's most accurate
temperature and precipitation forecasts for the last seven consecutive years. This same forecast technology is used in DTN’s solutions including the DTN Ag Weather Network, 17
which contains over 2,000 individual weather stations.Innovation
Ag Biologicals
Unlocking Broad
Capabilities
DuPont Advantage
Game Changing • Fully leverages DuPont
Fermentation & Discoveries & Market
Enzyme Leader integrated capabilities
Knowledge
Global Collaboratory • Enabled through external
collaborations
• Unparalleled market
access in seed and foliar
markets
• R&D focused on plant
DuPont Capabilities are Enhanced
through Collaborations and health and plant
Deep Microbial Partnerships Leading Genetics & protection globally in row
Knowledge & Libraries Customer Insights crops and specialty crops
Leading Capabilities to Create Biological Solutions in Agriculture
18Innovation
Improving Nutrition and Health and Protecting Food
• YO-MIX® starter cultures for long • HOWARU® Protect • BioViaTM CDV natural
life yogurt for use in countries probiotics help children, antimicrobial blend to control
where cold chain infrastructure adults and sports pathogens like Listeria in deli
is still developing enthusiasts maintain and ready-to-eat meats
• CHOOZIT® SWIFT concentrated natural immune defenses. • RECODAN® tailored blends
starter cultures for consistent • SUPRO® soy protein helps provide solutions for
performance of pizza cheese improve muscle growth affordable milk based
manufacture beverages
Strong Momentum in Nutrition & Health
19Copyright © 2015 DuPont or its affiliates. All rights reserved.
The DuPont Oval Logo, DuPont™, The miracles of science™
and, unless otherwise noted, all products denoted with ™ or ® are
registered trademarks or trademarks of and all services marked with SM
are service marks of E. I. du Pont de Nemours and Company or its
affiliates.
Images reproduced by E. I. du Pont de Nemours and Company under
license from the National Geographic Society.
20Biotech Trait R&D
DuPont Pioneer R&D is Committed to Delivering Superior Germplasm, Traits and Trait
Combinations in the Most Productive Products for Our Customers. Our advanced
Biotech Pipeline Programs Are an Integral Part of Our Approach as
We Deliver the Right Product on the Right Acre
Launch
Phase 4 Regulatory approvals
Pre-launch Receive all regulatory
approvals for launch
Phase 3 Regulatory testing cultivation.
Advanced development Complete regulatory studies
Commercial sales begin
for additional submissions
Advanced field testing Pioneer works customer-by-
Phase 2 (e.g. stacks).
Further characterize customer and market-by-
Early development Trait introgression and market to deliver the Right
lead commercial events
seed ramp up Product on the Right Acre
Phase 1 Production transformation across germplasm and
Breed trait into elite tailored to individual
Proof of concept Insert constructs into environments and select
germplasm across maturities grower needs.
target crop to generate event(s) for regulatory
and intensify ramp-up of
Crop transformation multiple events. submission. Product stewardship
Discovery Insert gene leads into target seed quantities.
Event characterization Regulatory testing Continue ongoing
crop. Select best events across Complete regulatory studies Pre-marketing stewardship practices which
Select product target Demonstrate proof of germplasm and for primary markets. Prepare customer education began in research. These
Define targets based on concept environments. plans. Perform market include education and
current and anticipated future Regulatory dossier testing. Prepare commercial communication to ensure
Test genes to confirm efficacy Event Development submission
customer needs, and seed volumes. compliance with regulations,
against the target. Expand field testing of Submit extensive data
advancing scientific IMPACT™ trials Pioneer policies and crop
capabilities. Gene and construct candidate commercial lead package and analysis to management strategies.
Field test new products in
optimization events across stacked trait authorities.
Identify leads development near the
Evaluate genes and and germplasm
Screen potential genes to find customer. Focus interactions
constructs for trait efficacy combinations.
a gene or combination of and agronomic performance to deliver Right Product on
genes that demonstrate Initiate regulatory testing Right Acre following
in the target market Start regulatory studies,
efficacy against the target. commercialization.
environment. Optimize for including method
trait and stack performance. development & validation.
Early trait introgression
Breed events into a broader
set of elite germplasm.
21^
Agrisure® and Agrisure Viptera® are registered trademarks of, and used under license from, a Syngenta Group Company. Agrisure® technology incorporated into these seeds is commercialized
under a license from Syngenta Crop Protection AG. Herculex® Insect Protection technology by Dow AgroSciences and Pioneer Hi-Bred. Herculex® and the HX logo are registered trademarks of
Dow AgroSciences LLC. Liberty®, LibertyLink® and the Water Droplet Design are trademarks of Bayer. YieldGard®, the YieldGard Corn Borer design, Genuity®, Roundup®, Roundup Ready®,,
Xtend™ and Roundup Ready 2 Yield® are registered trademarks of Monsanto Technology LLC used under license. Individual results may vary, and performance may vary from location to
location and from year to year. This result may not be an indicator of results you may obtain as local growing, soil and weather conditions may vary. Growers should evaluate data from multiple
locations and years whenever possible.
Products, benefits and concepts described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Pioneer® brand hybrids with event
DP 4114 will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Pioneer® brand canola hybrids with glyphosate resistance will not be offered
for sale or distribution until completion of field testing and applicable regulatory reviews. Pioneer ® brand soybeans with the Roundup Ready 2 XtendTM technology will not be offered for sale or
distribution until completion of field testing and applicable regulatory reviews.
^ EXPORT APPROVAL NOTICE: This product is fully approved in the United States and Canada. Traits included in these products may or may not be approved in all global markets; therefore,
the combination of these traits and the grain and certain by-products (including oil, dried distillers grain, cobs, and husks) from THESE PRODUCTS MAY NOT BE APPROVED for all markets.
Growers that use this product are required and agree to adhere to the stewardship requirements as outlined in the Pioneer Product Use Guide and product-specific Stewardship Requirements
for this product, which include specific grain disposition requirements. For questions regarding product stewardship and biotech traits please contact your sales representative or refer to
www.pioneer.com/stewardship. Growers are required to discuss trait acceptance and grain channeling policies with their local grain handler prior to delivering grain containing biotech traits.
Always read and follow all precautions and directions provided in product labeling before making in-crop or other applications of any agricultural herbicides or using any other pesticide.
Pioneer is a member of Excellence Through Stewardship® (ETS). Pioneer is a member of Excellence Through Stewardship® (ETS). Pioneer products are commercialized in accordance with
ETS Product Launch Stewardship Guidance and in compliance with the Pioneer policies regarding stewardship of those products. Crops and materials containing biotech traits may only be
exported to or used, processed, or sold in jurisdictions where all necessary regulatory approvals have been granted for those crops and materials. It is a violation of national and international
laws to move materials containing biotech traits across borders into jurisdictions where their import is not permitted. Growers should discuss these issues with their purchaser or grain handler to
confirm the purchaser or handler's position on products being purchased. Excellence Through Stewardship® is a registered trademark of the Biotechnology Industry Organization.
The DuPont Oval Logo is a registered trademark of DuPont.
Pioneer® brand products and EncircaSM services are provided subject to the terms and conditions of purchase which are part of the labeling and purchase documents.
®, SM, TM Trademarks and service marks of Pioneer.
© 2015 PHII. 22You can also read
