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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 1901, the Funk family and Funk Farms entered the seed business when Yale educated Eugene Duncan (E.D.) Funk, son of Lafayette Funk and grandson of Isaac, founded Funks Brothers Seed Company. Known for Funk's G-Hybrid seed corn, publicly traded Funk Brothers was the inventor, and world's leading producer, of hybrid corn. In 1941, E.D. Funk Sr ...
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 ...
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 northern Illinois, farmers could lose $140 per acre on average for corn and $30 an acre for soybeans with autumn delivery prices of $4.50 and $11.50 a bushel, respectively, the analysis showed.
FS Services and Illinois Grain Corporation merged in 1980 to form Growmark. [3] Growmark gained the 37 member cooperatives in Ontario when it acquired United Co-operatives of Ontario in 1994. [3] It entered the northeastern U.S. market in 2002 by purchasing Agway's seed and agronomy businesses, including Seedway. [3] [4] FAST STOP logo
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