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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]
In 1996, Asgrow released the first Roundup Ready Soybean to the market building upon Monsanto's work to create petunia plants tolerant to small amounts of Roundup developed by Robert Fraley in 1985. The first season of sales saw over 1 million acres using the new seed and quickly over 80% of US soybeans were produced with the seed. [6]
The average yield for cotton in the 1920s was less than 200 lb (91 kg) per acre (0.4 ha), [9] but D&PL was producing an average of 650 lb (290 kg) of cotton fiber per acre (0.4 ha) and 980 lb (440 kg) of seed by the 1930s. [4]
Organic soybean meal prices continue to edge higher and are currently quoted at 630 per metric ton FOB India. There are concerns amongst merchandisers that are helping to keep prices buoyed.
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 ...
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