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1924 - Henry Wallace begins selling 'Copper Cross', an early commercial hybrid seed corn. 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.
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.
In 1923, he reached the first-ever contract for hybrid seed production, agreeing to grant the Iowa Seed Company the sole right to grow and sell Copper Cross corn. [18] In 1926, he co-founded the Hi-Bred Corn Company to develop and produce hybrid corn. It initially turned only a small profit, but eventually became a massive financial success. [19]
On Aug. 5, 2019, about 95 workers were detasseling corn in a field in Santa Anna Township, Illinois, operated by the agricultural seed and chemical company Corteva Agrisciences, when a plane flew ...
Pioneer Hi-Bred International, Inc. (Pioneer) owns patents that cover the manufacture, use, and sale of various hybrid corn seed products (plants and seeds). Pioneer sells its patented hybrid seeds under a limited label license that provides: "License is granted solely to produce grain and/or forage."
The DowDuPont agricultural businesses that became Corteva had revenue of over $14 billion in 2017, [9] which would have placed the company in the Fortune 500 for that year. A major part of the company is Pioneer Hi-Bred International, which DuPont purchased in 1999.
Corn prices are now up about 10% over the past month. The surge came after prices hit 2020 lows last year due to oversupply, which eroded farmers' incomes and hit the rural economy hard.
Corn field planted with DeKalb DKC 53-45 seed. DeKalb Genetics Corporation (often stylized DEKALB; formerly DeKalb Agricultural Association and DEKALB AgResearch) was a diversified company headquartered in DeKalb, Illinois that marketed agricultural seeds and other products. The company was best known for its leading role in the development of ...