To offer integrated crop nutrition program in South America
Argentina based company Rizobacter and California based Marrone Bio Innovations Inc (MBI), recently announced the signing of an exclusive agreement to distribute a foliar fertilizer and plant health technology in Argentina, Uruguay, Paraguay and Bolivia.
Rizobacter is a subsidiary of Bioceres Crop Solutions Corp and makes sustainable solutions for agriculture, while MBI provides sustainable bioprotection and plant health solutions. Their product announcement and availability is expected in October 2020.
South America is well-known for its extensive soybean, corn and wheat production, crops where MBI’s technology will help growers increase yield through improved nutrition and plant health.
Demand for biologicals is increasing in the region with an estimated market value of $ 1 billion and a projected CAGR of 11 percent. “With 43 years of history, Rizobacter has a strong focus in biological and sustainable crop solutions. Our portfolio includes inoculants, soil-applied specialty fertilizers and adjuvants for enhanced foliar applications,” said Ricardo Yapur, Rizobacter’s CEO.
Matti Tiainen, co-founder of Pro Farm, a wholly owned subsidiary of Marrone Bio Innovations, said, “Rizobacter’s understanding of local growers’ needs, strong distribution network and exceptional talent make them an excellent partner that will allow us to bring biological solutions to more farmers globally.”
