Indigo AG Inc.
11/12/2024 | Press release | Distributed by Public on 11/12/2024 08:04
GROWMARK and Indigo Ag Announce Biological-and Sustainability Based Strategic Partnership
BOSTON, MA - NOVEMBER 12, 2024 - Indigo Ag and GROWMARK today announced a major multi-year strategic partnership to bring new innovative powder-based biological products and sustainability programming to GROWMARK's member companies and farmers. Now, farmers will be able to conveniently access and benefit from Indigo's market-leading suite of biological and sustainability solutions through their local FS cooperatives.
The catalyst for the partnership agreement is Indigo's new CLIPS device - an innovative flowable powder seed coating application system.
GROWMARK COO, Wade Mittelstadt, said, "Biological products have the potential to deliver valuable benefits for growers, but utilizing them on the farm can be a challenge due to stability, shelf-life, and application constraints. Indigo's CLIPS system addresses all of those hurdles and is an incredibly easy and innovative solution. We're very excited to be able to offer this technology, along with Indigo's science-based and proven portfolio of biotrinsic® products through our network of FS cooperatives in more than 15 states and provinces across North America."
The strategic partnership provides retailers and farmers full access to Indigo's broad and continually evolving portfolio of biotrinsic® products, proven in over 2000+ field trials to help boost crop yields and farm profitability through improved water and nutrient use efficiency, drought tolerance, and plant productivity. It also includes Indigo's innovative bionematicide and biofungicide products.
Jon Giebel, VP of Product Strategy at Indigo said, "Although the CLIPS device is only available with Indigo's biotrinsic® products in 2025, the new agreement with GROWMARK opens the discussion for future third-party product access to the CLIPS system providing even greater choice to farmers. We believe that the CLIPS platform offers a new industry standard that will unlock the next generation of high-performing biological active ingredients, and through our partnership with GROWMARK, we will bring these products to farmers at scale."
Additionally, GROWMARK has been working closely with Indigo's sustainability portfolio since 2021 and has continued to drive adoption of Indigo's industry-leading carbon program. Today's announcement builds upon that collaboration to now include pilots in the insets market for food/feed as well as fuels. As an example of these new initiatives, Indigo and GROWMARK member companies will partner on proactive data collection and carbon intensity scoring to ensure that growers and ethanol producers are ready to take advantage of incentives once 45z guidance is finalized.
"GROWMARK has been a driving force in the industry for many years, and we are pleased that we can work together to offer innovative economic and agronomic solutions to farmers alongside the expertise of GROWMARK member cooperatives," said Dean Banks, Indigo CEO. "We've seen great success in our three-year Carbon partnership to date, and now we reaffirm our shared commitment to innovation by working together to help hundreds of thousands of farmers capture value from the next frontiers in agriculture."
Mark Orr, GROWMARK CEO, said, "Innovation is a key component of GROWMARK's enterprise strategy. We're constantly evaluating new and novel product offerings through our AgValidity and MiField trial programs, as well as through our venture capital fund, Cooperative Ventures. This innovative strategic partnership with Indigo will create value for our member-owners, both through the licensing of the groundbreaking CLIPS system, as well as through Indigo's market-leading biological portfolio."
Farmers interested in learning more about these new opportunities can reach out to their local FS cooperatives to learn more.
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About Indigo Ag
Indigo Ag is the innovative leader and trusted partner in sustainable agriculture and biological solutions. Powered by science and technology, Indigo helps farmers and agribusinesses optimize today's yields and profitability, while nourishing the soil for better tomorrows.
The company's biotrinsic® natural microbial solutions help farmers maximize crop performance by empowering plants to combat environmental and biological stresses and improve nutrient access. Indigo's Sustainability solutions include its carbon and sustainable crop programs that enable farmers to choose how to best profit from their sustainable practices while promoting practices that help land keep its value for future generations. Indigo is the largest and fastest growing issuer of nature-based, registry issued agricultural soil carbon credits in the world, offering both high quality agricultural carbon credits and scope 3 emissions reductions at scale to help corporations reach their sustainability goals. The company's state-of-the-art digital software facilitates greater efficiency, accuracy and profitability for crop transactions.
Established in 2013 and operating in 15 countries around the world, Indigo Ag turns on-the-farm sustainable practice into value for farmers, agribusinesses, and corporations, creating a world with thriving farmers and environmentally prosperous companies.
About GROWMARK
GROWMARK is an agricultural cooperative serving almost 400,000 customers across North America, providing agronomy, energy, facility engineering and construction, and logistics products and services, as well as grain marketing and risk management services. Headquartered in Bloomington, Illinois, GROWMARK owns the FS trademark, which is used by member cooperatives. More information is available at GROWMARK.com.
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