Subjugated Seed House Could Do Much Better On Its Own
THE WEAK IN REVIEW
Good Morning, Bonjour, Guten Tag, Buenos Dias,
Readers, long-time Pioneer people in the mid-west must be getting excited as more and more pressure is put on the bumbling, agriculturally ignorant bosses of DuPont in the east to break up this broken-down conglomerate based in Delaware.
For 15 years, Pioneer has been forced to pay trib to feed and house the head of DuPont and circa 100 DuPont Presidents, Vice Presidents, and General Manager equivalents. At the same time, the imperious High Command of DuPont has been downright stingy with vital R & D dollars needed to innovate and compete.
Before being gobbled up and degradingly subsumed by DuPont, Pioneer Hi-Bred Int'l was the undisputed leader and largest seed enterprise on the planet since the 1930's. Pioneer people were dismayed as they watched in horror as a small outfit in St. Louis, Monsanto, through huge commitments to talent and scientific research, grow into the world's biggest, most innovative producer of seeds.
Now there are prospects to reverse the damage and gain independence. If Pioneer were spun off as a separate entity, it might well be worth in today's exuberant market as much as $25 to $35 billion in our opinion. The men and women of Pioneer could go back to competing without the bureaucratic suppression of DuPont's fraud-mongering bosses and the stain of reputation generated by DuPont AG's failed GM trait DuPont OptimumGAP, and falsely marketed, tree-killing DuPont Imprelis. They could work their way out of having Pioneer's best seeds mortgaged with Monsanto's superior GM traits by license.
Good Luck, Pioneer people. What is good for you will be good for DuPont shareholders.
Merely THE WEAK IN REVIEW digitally penned by one individual retail investor and long-time student of the shrinking DuPont in decline...funfun..