date:Jul 28, 2014
orth America switched to soybean from corn in the spring planting season after delaying purchases earlier this year due to an unusually harsh winter.
Soybean made up 14 percent of DuPont's 2013 farm sales. The low demand for corn seeds, which accounted for about half of DuPont's farm sales in 2013, led to weaker-than-expected revenue in the company's second quarter ended June 30.
If the current supply dynamics persist and corn planted area remains under pressure, it will temper short-term gr