Parties enter into a letter of intent for an exclusive distribution agreement that would enable ISAOSA to bring Indigo 30 to Mexican corn growers from 2024
Indigo Ag, Inc., a company dedicated to harnessing nature to help farmers sustainably feed the planet, and ISAOSA, the leading fertiliser distributor in Mexico, announced plans to bring Indigo’s innovative microbial technology to Mexican corn growers for the first time.
Indigo 30, which is part of Indigo’s biotrinsic™ portfolio of microbial products, has been proven to increase crop yields of corn. The novel formulation will – for the first time – enable Indigo 30 to be directly mixed with fertiliser, which significantly expands the window of application of the product for farmers. Commercial launch is planned for the first half of 2024 following completion of the registration process.
With a collection of more than 36,000 microbial strains, Indigo has established itself as a global leader in harnessing the potential of plant microbiome for growers around the world to improve yields whilst reducing the use of other inputs. This contributes to increased grower profitability and a better environment.
Indigo and ISAOSA have entered into a letter of intent to reflect the proposed partnership, with plans to enter into a formal agreement in 2023. Under the proposed agreement, ISAOSA would be the exclusive distributor for Indigo 30 in Mexico and will add the product to its fertiliser portfolio to further enhance performance for growers. The two companies have conducted various trials over the past 2 years which have demonstrated significant yield improvements through the combination of Indigo 30 with existing ISAOSA products.
Commenting on announcement, Georg Goeres, Global Commercial Biologicals Licensing Lead for Indigo Ag said, “We are delighted to have formed this partnership with ISAOSA. The results of multiple trials have demonstrated significant yield improvements for corn growers. This novel formulation, which is incredibly hard to achieve, enables Indigo 30 to be directly mixed with fertiliser for the first time. This significantly broadens the window of application for the farmers as well as creating new market opportunities for Indigo to work with fertiliser producers. We are excited to be working with ISAOSA to launch Indigo 30 in 2024 as well as exploring other opportunities to extend our partnership.”
Stefan Strietzel, ISAOSA’s Managing Director said, “We are very pleased to develop new technologies in partnership with Indigo Ag to enhance our portfolio with innovative products, that help farmers to increase yields and are in line with our drive for sustainability in Mexican agriculture.”
