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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

Right.

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

So just

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

your traditional cover crops, your forages, your clovers, you know, small grains, stuff like that.

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

And what I noticed was a disconnect, right?

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

So we were pulling seed out of the Pacific Northwest.

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

Farmers up there, like I'll use daikon radish as the example, was very popular kind of during that time.

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

Those guys out there were getting paid 60 cents a pound for their crop.

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

It was touching six hands to get to the Midwest and then being sold for 250 a pound.

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

you know, and that was a little bit different time than it is now with cover crops, but a real disconnect where the farmers weren't making much money for their specialty crop.

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

The farmers that were buying it were paying a premium and there was like six people in the middle making the money.

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

So that kind of raised the question of like, well, something's missing, right?

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

In the age of technology, there's no way that this has to be the only way.

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

So it kind of started, you know, you have

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

I got a buddy who's a, who's now a co-founder of, of both companies, cover crop exchange and hybrid 85, but he's a tech guy, right?

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

Knows computers inside and out software, his jam and, you know, a couple of beers on a Friday night.

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

And it's like, Hey, let's, we got to fix this.

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

What can we do?

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

You should quit your job, join ship with me, and let's see if we can either make it big or crash and burn, right?

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

So it's one of the other, one of the two is going to happen.

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

So that launched Cover Crop Exchange in 2018, which was a marketplace.