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Nate Belcher

πŸ‘€ Speaker
620 total appearances

Appearances Over Time

Podcast Appearances

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

So I'm not discounting that.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

So yes.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

And that's the whole point of a patent.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

Just like in drug companies, like we're going to,

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

we're going to burn 10 years, you know, five to 10 years of cash.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

And then we want some protection after that to reap some of our money back.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

And I, you know, there's, that's fair.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

I'm not saying that's wrong.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

I think there's some fairness to that because sometimes you could crash and burn and, and those five years of development come up with nothing new.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

Um, but the problem is like, at what level does it just become, I don't even want to call it greed, but maybe, uh,

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

a disadvantage to the farmer of, of reaping those costs back.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

And at what percentage do you need it back?

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

I mean, do you need a 5,000% return?

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

I don't know.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

I'm not here to argue that, but what I will say is kind of like you mentioned, there's new genetics coming out all the time, but so much of it is focused on the new trait packages, the new technology tied with it.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

not quite as much as like the base genetics of what really bring yield, right?

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

Traits don't bring yield.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

They may protect yield, right?

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

You may protect against rootworm damage, weed pressure, whatever it may be, but they really have yet to have yield enhancing traits, truly yield enhancing traits.

Farm4Profit Podcast
Off-Patent Genetics leading to Lower Costs - Changing Seed Industry

And the other thing is like, you can have different combos, right?