Wyffels Hybrids Join BYE Program
December 26, 2007 One independent seed corn company’s new hybrids earn a biotech designation.
Many of the hybrids in Wyffels Hybrids’ 2008 lineup will qualify for the Biotech Yield Endorsement (BYE) pilot program. Wyffels, headquartered in Geneseo, IL, is one of the nation’s largest independent seed corn companies.
The BYE program, launched by USDA’s Risk Management Agency (RMA), is available for the 2008 crop year in Illinois, Indiana, Iowa, and Minnesota. As mentioned in last week’s CropLife eNews, Monsanto Co.’s YieldGard triple-stack technologies already are approved for the program.
The BYE program will provide producers a premium rate reduction if they plant non-irrigated corn for grain containing the biotech traits marketed under the trade names of YieldGard Plus with Roundup Ready Corn 2 and YieldGard VT Triple. Wyffels’ 2008 lineup includes 24 qualifying hybrids, ranging from 98 to 117 relative maturities.
Producers with an individual yield or revenue insurance plan at a buy-up level of federal crop insurance coverage, and who plant up to 75 percent of their acreage in eligible non-irrigated corn for grain, will be qualified for the discount. Insurance providers who elect to offer the BYE pilot program will notify their customers of its availability and the eligibility criteria. Those producers who meet those criteria will qualify for the premium rate reduction. Visit www.rma.usda.gov/news/2007/12/1213bye.html for more information.
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