SAN CARLOS, Calif. & CHICAGO--(BUSINESS WIRE)--Farmer’s Business Network, Inc. (FBN®), the leading direct-to-farm ag tech platform and farmer network, today announced the launch of the FBN Independent Breeder Network, which will give farmers more choice, competition and transparency in their seed options, and breeders an open source for collaboration and a clearer path to market.
This network, one of the first of its kind in the industry, aims to boost ROI for growers while providing breeders with a range of benefits that will support direct collaboration and open new channels for market access, powered by the FBN Network.
The FBN Independent Breeder Network will provide several advantages to breeders:
- Channel to Market: FBN will test independent breeder germplasm and hybrids, and has the option to in-license and commercialize with royalties within a defined range to independent breeders
- Access to Elite FBN Germplasm: F2F Genetics NetworkTM will make its proprietary germplasm available for network partners to use in their breeding programs, with both FBN and the network having rights to further commercialization
- World-Class Breeding Technology Support: Independent Breeder Network members will have access to industry-leading data specialists and access to massive sets of data on molecular selection
"We believe this Independent Breeder Network has the power to transform an antiquated industry, one which leaves farmers dealing with only a few expensive options," said Daniel Dyer, Head of FBN Seed R&D. "We're looking forward to bringing the power of the FBN Network to independent breeders, provide them with germplasm resources, data and technical support from the FBN team, and with clear paths to commercialization."
This new approach to germplasm development is founded on an open-source philosophy, designed specifically to empower independent breeders while increasing farmer choice and flexibility in a seed market that's been long dominated by industry giants.
FBN executed a pilot program in the 2020 season to test germplasm and try out breeding combinations from initial network members.
"We've been very encouraged by the positive developments and see a range of future opportunities as a result of this groundbreaking network," said Dyer. "We're looking forward to working with breeders -- small or large -- that want to bring transparency and competition to this vital market."
This step is just the latest move by FBN to put Farmers First®. In recent months the company announced two acquisitions to further its presence into Canola breeding and unveiled an on-farm R&D Network to further revenue streams for growers.
About FBN:
Farmer’s Business Network, Inc. is an independent ag tech platform and farmer-to-farmer network with a mission to power the prosperity of family farmers around the world, while working towards a sustainable future. Its Farmers First promise has attracted over 21,000 members to the network with a common goal of maximizing their farm’s profit potential. FBN has set out to redefine value and convenience for farmers by helping reduce the cost of production and maximize the value of their crops.
The FBN network has grown to cover more than 49 million acres of member farms in the U.S., Canada and Australia. Blending the best of Midwestern agricultural roots and Silicon Valley technology, the company has over 600 personnel and offices in San Carlos, Calif., Chicago, Ill., Sioux Falls, S.D., a Canadian Headquarters in High River, Alberta and an Australian Headquarters in Perth.
To learn more, visit: www.fbn.com.
*Fees may apply for certain product and service offerings other than FBN membership.
The sprout logo, “Farmers Business Network”, “FBN”, “FBN Direct”, “F2F Genetics Network”, and “Farmers First” are registered trademarks or service marks of Farmer’s Business Network, Inc.
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December 07, 2020 at 10:08PM
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FBN Launches Groundbreaking Independent Seed Breeder Network - Business Wire
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