Nutrien Acquires Southern Soybean Program From BASF

“By expanding into soybeans, we’re showing our commitment to providing solutions for our customers and investing in the future of row crop growers,” said Spencer Harris.

LovelandProducts.png
LovelandProducts.png
(Loveland)

Announced in late November, Loveland Products (a subsidiary of Nutrien) has acquired a soybean breeding program from BASF.

Specifically, the acquisition includes a program tailored for the southern region of the U.S. It includes two breeding sites: one in Marion, Ark., one in Leland, Miss.
Nutrien says this complements its Loveland Products’ Dyna-Gro brand for rice and cotton.

“By expanding into soybeans, we’re showing our commitment to providing solutions for our customers and investing in the future of row crop growers. We believe this move will help growers increase their crop yields and achieve better-quality products,” said Spencer Harris, Senior Vice President of Global Retail Operations for Nutrien Ag Solutions.

The soybean products will be sold via the Nutrien Ag Solutions retail network.

“We are excited to welcome our new colleagues to the Nutrien family. Together, we can develop new high yielding products for sale in our Nutrien Ag Solutions retail locations that help soybean growers in the South sustainably achieve their goals,” said Rob Dunlop, Vice President of North America Seed at Nutrien Ag Solutions.

AgWeb-Logo crop
Related Stories
Soybeans ended higher as rumored export business was confirmed by USDA with a flash sale of 13.2 million bu. sold to unknown destinations. However, China was also looking for corn and wheat.
A two-pass boron strategy at bloom and pod set shows consistent yield payoffs across the Corn Belt, though agronomists warn the line between benefit and toxicity can be narrow.
Wednesday morning USDA reported a flash sale of 13.2 million bushels of soybeans to unknown destinations and Randy Martinson with Martinson Ag says the market is betting that its China.
Get News Daily
Get Market Alerts
Get News & Markets App