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AgCountry.com/Locations businesses,” says Gov. Tony Evers.
“These grants provide the support needed for farmers to stay innovative and lead the way on improving water quality across our state while protecting their bottom lines,” Gov. Evers adds, “helping us build a healthier, more sustainable Wisconsin for everyone.”
“This grant program has provided an innovative and successful model to encourage conservation efforts in our state,” says DATCP Secretary Randy Romanski.
“With the additional funding provided by Gov. Evers and the state legislature for these grants,” Romanski continues, “more farmers are able to encourage their neighbors to engage in conservation efforts through educational activities, onfarm research and demonstration, and incentives that help minimize financial risk.”
This is the eighth round of grant awards since funding was first made available in the 2015-’17 state budget. Annual interest in DATCP’s PLWPG program continues to exceed the program budget.
This funding cycle received the highest number of requests in the history of the program, with 45 applicants for a total funding request of over $1.5 million.
In 2021, groups in the program provided conservation practices on 978,881 acres, an increase from 798,221 acres in 2020. These farmerled conservation efforts prevented 219,638 pounds of phosphorus and 342,163 tons of soil from leaving farm fields.
Producer-led groups must work with a county land conservation department, University of WisconsinDivision of Extension, non-profit conservation organization, or the Wisconsin Department of Natural Resources.
For more information, visit https:// datcp.wi.gov/Pages/Programs_ Services/ProducerLedProjects.aspx.
Corteva Acquires Stoller Group
Move reinforces commitment to providing farmers with biological tools
Corteva has signed a definitive agreement to acquire Houstonbased Stoller, one of the largest independent biologicals companies in the industry.
With operations and sales in more than 60 countries and 2022 forecasted revenues of more than $400 million, Stoller brings immediate scale and profitability. The acquisition of Stoller reinforces Corteva’s commitment to providing farmers with biological tools that complement evolving farming practices and help them meet changing market expectations.
Stoller’s reputation for demand creation and farmer relationships centers around a commercial model that’s built upon sharing knowledge with the channel and farmers. Stoller has been successful by demonstrating technical excellence and delivering benefits and value of integrated solutions in the field.
“Biologicals provide farmers with sustainably advantaged tools that complement crop protection technologies, and collectively, can work to address global challenges around food security and climate change,” says Chuck Magro, chief executive officer (CEO) of Corteva.
“Stoller represents a leader in the biologicals industry given its commercial presence and market expansion potential, while also delivering attractive growth and operating margins,” Magro adds. “Stoller provides a platform for expanding and accelerating Corteva’s biologicals business to become one of the largest players in the rapidly expanding market,” he remarks.
Growing Biologicals Market
The biologicals market is expected to grow by high single digits annually through 2035, representing approximately 25% of the overall crop protection market by 2035.
In just three years, Corteva has developed a world-class biologicals business by implementing smart, nimble strategies built around external and internal innovation, research and development collaborations, licensing and distribution agreements, and acquisitions.
“In Stoller’s 50-plus-year history, we have successfully helped growers around the world increase their productivity and improve sustainability. We are proud to join forces with Corteva as we share a vision of helping farmers succeed in growing the nutritious food the world relies on,” says Guillermo de la Borda, CEO of Stoller.
“This announcement is a true testament to the incredible success and dedication of our teams across the globe who have helped us become one of the most trusted biostimulant and plant health companies in the world,” de la Borda continues. “Our innovative solutions and deep expertise will continue to make an impact for years to come.”
Stoller is the second biologicals acquisition for Corteva in the past year, as the company recently announced it signed a definitive agreement to acquire Symborg, an expert in microbiological technologies based in Murcia, Spain.
Corteva will bring together the complementary commercial and technical strengths of Stoller and Symborg as part of its biologicals strategy.