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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

If it doesn't benefit the farmer, we don't care, but there are certain, certain crosses that that exact cross is,

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

brought back in the right geography will, I'm not gonna say smoke everything because there's a lot of good genetics out there, but it will run right alongside your $350 corn and we can offer it for, you know, 95 bucks.

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

No.

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

And if you spend a million dollars breeding the newest or 20 million breeding, the newest genetic lines, it's a tough pill to swallow to throw that away and be like, well,

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

20 mil down that, you know, a lot of times those are brought to market because you're so invested, you know, that, you know, I'm not saying they always do that, but there are many times where I'll ask you this.

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

Would you pay more for a 2015 Chevy than you did in 2015?

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

Of course not.

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

Like the only way you're going to pay more is here's the new model.

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

Here's the new bells and whistles.

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

Here's the new trade package.

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

Um,

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

So it's kind of a long way of saying, yeah, sometimes it does make sense to bring those back.

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

And a lot of times it makes sense to make some updates to them, make some changes, unique crosses to bring something better.

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

What were their options?

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

For a lot of farmers, you're either going with a true independent, which I could argue you could be missing out on performance.

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

True independence doesn't necessarily mean, and I'm not talking royalties or licensing agreements, but true, hey, we have created these inbreds from the dirt, from scratch.

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

That doesn't mean they're better.

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

And what was missing was the option, right?

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

Being able to purchase from a company that was not tied to agreements, not forcing traits upon them.

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

You know, we're not against traits, but you guys probably know.