Lon Bohannon, Neogen's Chief Financial Officer, stated that "Last year's second quarter and year to date results benefited from unusually high sales of test kits to detect vomitoxin as a result of a poor quality mid-west winter wheat crop.
Lower sales of diagnostic test kits to detect vomitoxin were more than offset by continued strong growth in other diagnostic product lines.
These sales were high because the Midwest winter wheat crop was found to contain high levels of vomitoxin
because of cool, rainy weather conditions during the grain's growth.
July 18 /PRNewswire/ -- Neogen Corporation (Nasdaq: NEOG) announced it has received numerous reports on high levels of vomitoxin in winter wheat crops.
This vomitoxin outbreak, which is similar to the 1993 outbreak in North and South Dakota and Minnesota, is affecting wheat crops in Ohio and Indiana.
We anticipate having a vomitoxin problem in Michigan as severe as we have had in Ohio and Indiana, but still have no confirmed reports as of yet.
The Fumo-V test is the third strip test specially designed for use with the Vertu Lateral Flow Reader joining Afla-V and Don-V tests for aflatoxins and vomitoxins
The Fumo-V test is the third strip test specially designed for use with the Vertu Lateral Flow Reader joining Afla-V[TM] and DON-V[TM] tests for aflatoxins and vomitoxins