Pipeline Piffle on GM Wheat from Fortress Wilmington!
Nothing on the Shelves Today, But Just You Wait a Decade or So...Ho-Hum...
Good Afternoon, Bonjour Guten Tag,
Readers, the inflated pipeline promises from DuPont's posturing bosses in the past couple of days is more than amusing; they are downright risible.
Take for example, Ms. Kullman's hired hand down on the farm, Executive V. P. James Borel, who bragged bombastically about DuPont's R & D on wheat. Sounds good, doesn't it? Trouble is this exercise of improving wheat grains is off, way off in the distant future. DuPont Vice President of Research, John Soper, got up in his soap box with the media following Borel's bombast, and had to admit the first commercial wheat product is not expected for "a decade or so". So? So you have more vague PR hype from the lagging agricultural outfit with little new on the shelves for sale to farmers today.
We strongly suspect, folks, that DuPont's superior-managed, laser-focussed competitors, Monsanto, BASF, and Syngenta will have genuine and superb GM wheat traits in fields long before 2023 "or so". The mediocre Kullman TEAM would be far better off putting those tens of $millions squandered on PR hoopla and coddling the media and Wall Street into legitimate research and development.
Merely the afternoon comments and opining of one individual investor and long-time student of the lumbering and lagging, PR-driven DuPont Company...funfun..
DeKalb, now owned by Monsanto, created hybrid varieties of wheat over 30 years ago. Hybrid wheat failed because they realized the 15-20% yield gains do not cover the increased production price need to plant the 60-90 lb/A seeding rate winter wheat needs to maximize yields.