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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]
In 1894, his grandfather Ira Cloyd Stine married Lydia Sheaffer and they had had four children, all sons. Everyone worked for I.C Stine and Sons until after World War II. In 1934, Bill and Roselba Stine moved to the 200-acre farm that would become Stine Seed Farm, which was founded in the 1950s.
Iowa's lone billionaire, Harry Stine, made his fortune licensing seed genetics. Iowa is one of 40 states home to at least one member of the Forbes 400. Iowa's lone billionaire, Harry Stine, made ...
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A street full of seed shops in Wuhan, China, a few blocks from Wuchang Railway Station. Seed companies produce and sell seeds for flowers, fruits and vegetables to commercial growers and amateur gardeners. The production of seed is a multibillion-dollar global business, which uses growing facilities and growing locations worldwide. While most ...
1982 - Annual sales pass the US$10 million mark. 1983 - The name of the soybean product line was changed from Peterson to Pioneer. 1991 - Pioneer purchases 2 million shares and establishes a partnership with Mycogen Seeds to develop Bt insect resistance in corn, sorghum, soybean, canola, sunflower, and other seeds. Pioneer sold the shares in 1998.
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 ...