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Pioneer sold the shares in 1998. Pioneer becomes the number one brand of soybeans in North America. 1992 - Pioneer paid $450,000 to Monsanto for rights to genetically modified soybean seeds that are resistant to RoundUp herbicide. 1993 - Pioneer paid $38 million to Monsanto for rights to Bt corn that is resistant to European corn borers.
Dynamic discounting includes the ability to agree upon terms that vary the discount according to the date of early payment. The earlier the payment, the greater the discount. In addition, it includes an ability for either buyer or supplier to propose an early payment date and discount for a one-time payment using email or specialized software. [2]
J.E.M. Ag Supply, Inc., doing business as Farm Advantage, Inc., purchased patented hybrid corn seeds from Pioneer in bags bearing the foregoing label license. Farm Advantage resold these bags without authorization from Pioneer to do so. Pioneer then sued Farm Advantage (J.E.M.) and several of its distributors and customers.
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Armaven Pogosyan, the founder of Pioneer Accounting Group, comments, “I had observed the exceptional productivity of UBCC software when I purchased the accounting practice of Vivat Lin, a UBCC client in Seattle. Lin’s staff confirmed that UBCC software productivity is 200% to 300% higher than at other accounting practices.
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 the 1980s the rights to the name were purchased and, after some effort to publicly rediscover the lines of seeds once carried, began operation, continuing to this day. Today the R.H. Seed Company name (along with Seymour's Select Seeds, Totally Tomatoes, Vermont Bean Seed Company, and HPS) belongs to the J.W. Jung Seed Company.
The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. [1]