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Stine Seed Company is the world's largest private seed company, and the largest independent seed company in the US. It has more than 900 patents, specializing in soybean and corn genetics, is based in the small town of Adel, Iowa, and is almost entirely owned by Harry Stine and his four children.
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 ...
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.
Corteva contracts with 700 Iowa farmers to grow corn and soybean seeds, producing about 25% of the U.S. supply. It has similar partnerships with farmers across the country and world to create seed.
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. 1935 - "Pioneer" was added to the name of the company to distinguish it from other hybrid corn ...
Owning nearly 15,000 acres of land in Iowa through his private ownership of Stine Seed, [12] In 2018, he was listed as the wealthiest in Iowa with a net worth of $3.2 billion by Forbes . [ 13 ] In 2019, he increased his fortune by $1.8 billion to $5 billion ranking him the richest Iowan and #131 richest in the United States by Forbes.
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]
Gurney's Seed and Nursery Company, established in 1866; Harris Seeds, established in 1879 [5] [6] [7] Hudson Valley Seed Company, established in 2009 [8] [9] J.W. Jung Seed Company, established in 1907; McKenzie Seeds, established in 1896; Park Seed Company, established in 1868; Richters Herbs, established in 1970; R. H. Shumway, established in ...