Precision Ag News 10/26

Carrie Muehling

  • New third-party proprietary data shows that NK Seeds is the nation’s fastest-growing seed brand for the period of 2019-2022. The brand attributes this rapid growth to its ongoing, significant investments in R&D and product innovation, which are helping NK continue to earn farmers’ acres.
  • The German American Business Awards announced this year’s winner of “The Coolest German Thing Made in the USA” – presented by Comcast – was CLAAS and their fourth-generation LEXION 8000-7000 combine.
  • Total Acre has formed a strategic partnership with Sound Agriculture to empower growers to optimize crop nutrient usage, maximize return on investment and pro-actively promote climate-smart commodities, aiming to reduce nitrogen usage by 10 million pounds.
  • Rob-See-Co, an independent seed company located in Elkhorn, Neb. acquired Federal Hybrids, an Iowa-based seed company. This acquisition positions Rob-See-Co as the 14th largest corn seed company in the United States.
  • The National Wheat Yield Contest (NWYC) is announcing the winners for the 2022 contest, which is the seventh year the National Wheat Foundation has held the contest. This year we had a contest record yield of 231.37 bushels per acre that was achieved by Rylee Reynolds in Twin Falls County, Idaho. Rylee’s 231 bu/ac tops the prior contest record of 211 bu/ac in 2019. Rylee and his dad, Gary, both placed as National Winners in the winter wheat irrigated category. Additionally, the Pacific Northwest (PNW) had some great wheat this year; all 4 of the Bin Buster winners are from the PNW.
  • Nitricity, the agtech startup revolutionizing nitrogen fertilizer production, announced the close of its Series A investment capital raise at $20 million. This fundraising round was led by Khosla Ventures and Fine Structure Ventures with additional participation from Energy Impact Partners, Lowercarbon Capital, and MCJ Collective. Nitricity electrifies and distributes the production of nitrogen fertilizer. The Nitricity approach uses a new technology for regionalized nutrient production using low-cost solar or wind. This marks a major difference from the existing nitrogen supply chain, which is highly centralized and uses fossil fuels and costly transportation.
  • AgTrax, a software company for accounting and advanced grain bin management, was honored to host Kansas Governor Laura Kelly & Kansas Secretary of Agriculture, Mike Beamat its downtown Hutchinson, Kan. headquarters recently for talks on ‘Agriculture & Economic Development in Central Kansas.’ The company is the fastest-growing software developer of its kind and was named the Hutchinson Chamber of Commerce 2021 Business of the Year.
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