As lawmakers, court battles, and consumer demand continue to push conventional chemical inputs out of the picture, a major market opportunity for bio-based inputs has developed. However, many farmers are struggling to understand an entirely new production methodology, argues biologicals veteran Pam Marrone.
The duo is hoping to smash one of the biggest barriers to biologics adoption by providing farmers with a way to cultivate living microbial inputs on the farm that cannot survive in the current supply chain without cold storage.
Nitrogen fertilizer is widely used in row crop production and is a key expense farmers face each year. But often that fertilizer is wasted, washing away after heavy rains or leaching due to irrigation or poor soil quality.
“Pivot Bio is addressing one of the largest sources of GHGs on the planet – the potent nitrous oxide and carbon dioxide emissions associated with the use of synthetic fertilizers,” said Carmichael Roberts of Breakthrough Energy Ventures.
These provisions include funding for a new USDA pilot project that will incentivize farmers, through payments, to adopt agricultural practices aimed at improving soil health and sequestering organic soil carbon.
We caught up with Adrian Percy, global head of R&D for Crop Science at Bayer on the sidelines of the World Agri-Tech Innovation Summit, to discuss the company's open innovation strategies in the area of biologicals and novel crop inputs.
Bayer and Ginkgo Bioworks announced the partnership in September 2017. The partners jointly invested $100 million in the venture, making the deal the second largest deal from an Ag Biotechnology startup in 2017, according to the AgFunder data.
Inocucor manufactures biological stimulants for agriculture using a patented fermentation process to combine multi-strains of bacteria and yeasts into soil and plant optimizers. It has two products on the market today that aim to enhance the growth of crops.
Our evergrowing global subscriber base of agrifood tech entrepreneurs, venture capital investors, agrifood corporates, governments, and enthusiasts means that we have an incredible amount of expertise in our 45,000-strong network.