Released on = April 11, 2007, 2:44 am

Press Release Author = Shushmul Maheshwari

Industry = Biotech

Press Release Summary = Increase in the demand for ethanol resulted in spiking
prices of corn and shortage of some popular biotech hybrid seeds in US, since
farmers are planting the crop in massive amounts.

Press Release Body = Owing to the soaring demand for ethanol, corn prices have also
jumped to an unparalleled level in US. Since corn is used massively to produce
ethanol there. Consequently, the farmers in the country are all set to plant
corn‘s crop in massive amounts this spring. This is creating dearth for some
popular biotech hybrid seeds.

\"It is a nationwide problem. One reason it is so severe in Kansas is that a lot of
the seed available for us is being used to replace cotton acres in Texas and
Mississippi. But the shortage is nationwide\", Terry Vinduska, sales representative
for the Pioneer Hybrid International, Marion, said in a statement that THE
HUTCHINSON NEWS published on 14 March 2007.

Several acres of cotton would be planted for corn rather than cotton in 2007, said
Vinduska, noting that the corn price had almost doubled in comparison to what it was
during the same period a year ago (2006).

As a result of this some of the corn growers in Kansas might fail to find the
biotech hybrids, which are corn borer, rootworm or herbicides resistant, added she.

In a statement that THE HUTCHINSON NEWS published on 14 March 2007, Kansas Corn
Growers Association’s executive director, Jere White said that he anticipated
a considerable growth over the year 2006. He also expected those additional core
acres would come from farmers who’re shifting from soybean acres in Kansas.

As per the RNCOS report on “US Biotech Market Analysis”, “With the
crisis of energy and surge in the prices of gas that surfaced in the US in recent
years, there’s been a tremendous increase in the demand of alternative fuels
such as ethanol. Growers in America could improve the production of corn by 39
Billion Pounds over the first decade of planting the biotechnology deprived
crops.”

This research report on “US Biotech Market Analysis” provides extensive
research and objective analysis of The Biotechnology industry in US. It helps
clients in analyzing the opportunities critical to the growth of Biotechnology
industry in US. The issues analyzed in this report include: market trends in the
U.S Biotechnology industry, where the market will be after five years, opportunities
that exist in U.S Biotechnology industry, driving factors for the U.S Biotechnology
industry, and so on.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM0300.htm
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