Custom Agronomics Acquires BioTek Ag
Florida-based specialty products company Custom Agronomics has acquired North Carolina-based BioTek Ag to expand its focus on nutrient use efficiency products.
Custom Agronomics is a formulator and manufacturer of private-label liquid plant nutrition, nutrient use efficiency, and other specialty products for the agriculture, turf, and ornamental markets. BioTek Ag has more than three decades of experience helping farmers improve and protect crop yields with specialized nutrients, nitrogen stabilizers, and other specialty products that improve soil biology and enhance the effectiveness of crop inputs.
“This acquisition immediately enhances our portfolio of nutrient use efficiency products, expands our footprint, and strengthens our overall team,” said Greg Thompson, chairman of the Custom Agronomics Board of Directors and a senior operating partner at Inverness Graham, a private investment firm that acquires innovative companies where technology is transforming traditional industry. Inverness Graham’s investment in Custom Agronomics is part of its Green Light initiative that invests in businesses where environmental sustainability is a key driver of growth.
BioTek Ag will become part of Custom Agronomics. Financial terms of the deal are confidential.
Golden Harvest Corn Still Growing Strong
With corn planting underway now across the Midwest, there are likely quite a few Golden Harvest hybrids going in the ground after a successful 2023.
“Golden Harvest has made a lot of innovation over the past 50 years,” said Rex Gray, Golden Harvest Corn Product Manager, at the recent Commodity Classic. “Over the past two years we’ve brought 39 new products to the market.”
Gray said they are excited to launch Enogen DuracadeViptera™ this year. “That’s something farmers have told us they wanted and needed for a some time,” he said.
Learn more in this interview about the 50 year legacy of Golden Harvest.
Classic24 Rex Gray, Golden Harvest/GHX 4:08
Animal Ag News 4/15
Industry Ag News 4/12
ZimmCast 729 – Preview of the 2024 Agri-Marketing Conference
Hello and welcome to the ZimmCast.
It’s almost time for the 2024 Agri-Marketing Conference that is put on by the National Agri-Marketing Association. ZimmComm will be there to celebrate our 20th anniversary in our Connection Point booth. We’ve got more to come on this when we get to the conference later this month.
In this episode I’m talking with Lori Kruger, Signal Theory, and Chair for the Agri-Marketing Conference committee. We’ll do a preview of what you’ll find.
In case you haven’t registered it’s easy to go to the NAMA website and get it done.
Listen to the episode here:ZimmCast 729 - Preview of the 2024 Agri-Marketing Conference (12:14)
That’s the ZimmCast for this week. I hope you enjoyed it and thank you for listening.
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Custom Agronomics Appoints New CEO
Custom Agronomics, a leading provider of private-label liquid plant nutrition and other specialty products for the agriculture, turf, and ornamental markets, announced today that Tom Snipes has been appointed CEO.
“Tom brings a valuable combination of agricultural experience and business expertise to Custom Agronomics. He has a track record of innovation and growth that will enable us to continue expanding our presence and product line,” said Greg Thompson, chair of Custom Agronomics’ Board of Directors.
Snipes most recently served as CEO of Plant Response Inc., a global plant biotechnology company specializing in nutrient use efficiency, plant innate immunity and plant physiology. Under his leadership, the company successfully completed substantial fundraising and portfolio expansion and experienced rapid growth as a result of aggressive commercialization efforts and strategic acquisitions. Plant Response was acquired by The Mosaic Company in 2022 and is now part of Mosaic Biosciences.
“The emphasis on sustainability and improving plant health has presented strong market opportunities for Custom Agronomics. The company is already an industry leader in liquid nutrients and custom formulations, and I’m excited about capitalizing on opportunities to drive its next stage of growth,” Snipes said. Read More
Precision Ag News 4/10
Grassley Urges Schumer to Put Farm Bill on the Agenda
Senate Agriculture Committee member Chuck Grassley (R-IA) is calling on Majority Leader Chuck Schumer (D-NY) and Senate Democrats to put the farm bill on the Senate agenda.
In a letter to Schumer, Grassley pointed out that of the 17 items Schumer outlined for Senate action, the Farm Bill was missing. Grassley is urging the Majority Leader to hold true to his commitment to seek compromise with Republicans by passing a five-year Farm Bill reauthorization this year.
“A one-year extension of the 2018 Farm Bill is going to expire on September 30. The Senate must work to pass a bipartisan Farm Bill before that deadline,” Grassley said. “Farmers across the United States deserve the stability of a new five-year Farm Bill. A one-year extension increases uncertainty in markets and uncertainty for farmers who must make decisions today that will affect their operations for years to come.”
On this House side, In an exclusive interview with Agri-Pulse this week, House Agriculture Committee Chairman Glenn “GT” Thompson said he plans to move a bipartisan farm bill through the panel next month and that he has “identified a way to pay for changes to commodity programs that have been sought by ag groups.”
Grassley talked about the need for a new farm bill in his weekly call with reporters on Tuesday.
Sen. Grassley press call 4-9-24 16:58NCBA Concerned About Loss of USDA Report
USDA’s National Agricultural Statistics Service (NASS) announced this week that it is canceling the July Cattle report as well as all County Estimates for Crops and Livestock beginning with the 2024 production year.
“The decision to discontinue these surveys and reports was not made lightly, but was necessary, given appropriated budget levels,” NASS said in its official statement.
The National Cattlemen’s Beef Association (NCBA) criticized the decision because the reports “provide critical data and the decision to end them is completely misguided.”
“It is disingenuous for the same agency which touts its commitment to transparency in livestock markets to arbitrarily cease publication of reports which provide just that. While it may be politically expedient to blame appropriators in Congress for today’s decision, cattle producers know better than to believe discontinuing a handful of reports will result in substantive cost savings for the Department,” said NCBA Vice President of Government Affairs Ethan Lane. “NCBA calls on USDA-NASS to immediately reverse this decision and continue delivering on its stated mission of providing timely, accurate, and useful statistics in service to U.S. agriculture.”
NCBA is urging USDA to reverse the decision. NASS also announced cancellation of the Cotton Objective Yield Survey.