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1926 - Hi-Bred Corn Company is founded in Des Moines, Iowa, with $7,000 in capital. [7] 1931 - Roswell Garst agrees to produce/distribute seed. The following year Garst partners with Charles Thomas to form the Garst and Thomas Seed Corn Company. 1935 - "Pioneer" was added to the name of the company to distinguish it from other hybrid corn ...
Foundation corn is the parent seed from which hybrids are made. Established in 1937, in Williamsburg, Iowa by Roland Holden, Holden was the largest independent producer of foundation seed in America before being acquired by Monsanto Company in 1997. [1] [2] Monsanto was subsequently acquired by Bayer in 2018, and Holden is now part of Bayer ...
Roswell "Bob" Garst (June 13, 1898 – November 4, 1977) was an American farmer and seed company executive. He developed hybrid corn seed in 1930 that allowed greater crop yields than open-pollinated corn. He was perhaps most well known for hosting Nikita Khrushchev on his farm in Coon Rapids, Iowa, on September 23, 1959.
In 1931, Garst and Thomas Hi-Bred Corn Company was founded by Roswell Garst and Charley Thomas in Coon Rapids, Iowa, and was "instrumental in promoting the use of hybrid corn." [ 1 ] During the Cold War , Garst formed a relationship with Nikita Khrushchev and assisted the USSR in modernizing its corn production.
Stine Seed Company was founded by Harry Stine's father in the 1950s as Stine Seed Farm. [1] In 1997, they entered into a large-scale collaboration with Monsanto, focusing on increasing corn and soybean yields. [2] In 2014, Forbes estimated that the company was worth almost US$3 billion, with estimated sales of over $1 billion and margins over ...
As a result, DeKalb was the leader in U.S. hybrid seed corn sales from the mid-1930s until the mid-1970s (Crabb 1948. Roberts 1999). [2] In 1982 DeKalb formed a joint venture with Pfizer, called DeKalb-Pfizer Genetics, and in 1985 the name was changed to DeKalb Corporation. The seed business was spun off as DeKalb Genetics Corporation in 1988. [4]