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HomePosts Tagged "Bee Vectoring Technologies International Inc"
Agrotech, Bee keeping, Company News, North America

This first California order officially starts BVT’s launch stage in strawberry and raspberry market in US.

Bee Vectoring Technologies International Inc. has announced its closing of the first California sales order of its proprietary Vectorite with CR-7 (Clonostachys rosea CR-7) biological fungicide and natural precision agriculture system with a strawberry and raspberry grower for one of the world’s largest berry companies.

This first California order officially starts BVT’s Launch Stage in this important market. The grower will use BVT’s proprietary Vectorite with CR-7 biological fungicide and natural precision agriculture system on a portion of strawberry and raspberry crop acres.

“This first sale milestone is a key component of BVT’s strategy to expand into the state of California, which is the largest growing region and our most significant market opportunity in North America,” said Ashish Malik, CEO of BVT. “The opportunity in California includes several crops with an overall growing season which spans up to 10 months of the year, thus representing significantly larger and more diversified annual revenue streams for BVT.”

“The customer is a large, influential grower in the Watsonville and Salinas area,” said Ian Collinson, Sales Manager at BVT. “Their successful three-month demonstration trial of the BVT system last year and the resulting positive data were the main reasons for the customer to continue their business with BVT. Trial results showed the BVT system helped control fungal disease during the bloom period, which lead to healthier berries post-harvest that translated into real value for the berry company in higher quality packed berries and increased marketable yield.”

“The trial, which was also closely followed by the berry company, clearly showed the BVT system’s high return on investment. ROI’s of 6x or higher are the expectation by growers for agricultural input technologies in specialty crops like berries. Our recent work is demonstrating ROI for the BVT system of 10x or higher, and this is driving conversion of new customers to our system,” continued Mr. Collinson. “This led to this year’s sales order which was for a portion of the grower’s operation and is larger than we typically see in the first year, thus signalling the value and confidence the grower has in our technology.”

BVT continues to work closely with the grower to potentially expand the order to apply the Company’s system to their blueberry crop by this fall season, which could mean extending their BVT usage to eight months of the year, and with the berry company to introduce the system to their other growers.

California is the country’s largest berry market with an estimated 55,000(1) acres of strawberries, blueberries, raspberries and blackberries representing 30% of the berry acreage in the US. As a 100% organic product delivered 100% naturally, the BVT system dovetails perfectly into the California market, controlling disease and increasing yield while being exempt from residue testing requirements.

This first California order officially starts BVT’s

Agrotech, Bee keeping, North America, R&D

The trial is being conducted to achieve a proof of concept for greater yield with BVT’s natural precision agriculture system

Bee Vectoring Technologies International Inc. has announced the Company’s first US demonstration trial on stone fruit, with a conventional cherry grower in Washington. The trial began during the mid-April bloom period and will continue through summer harvest.

The United States is the world’s second-largest cherry producer, second only to Turkey, (1) with cherries representing the most acreage of all stone fruits. There are an estimated 85,000 acres of sweet cherries in the US, (2) with Washington, California and Oregon growing almost 90 per cent of the country’s total yield. There are an additional 32,000 acres of tart cherries grown in the US, of which 75 per cent are in Michigan. (3) 

“This initial stone fruit trial marks BVT’s entry into the important US stone fruit market,” said Ashish Malik, CEO of BVT. “In addition to cherries, stone fruits include peaches, nectarines, plums, prunes, and apricots, all grown on more than 270,000 acres(4) of farmland in the US. This is a very attractive crop grouping for BVT because of their high use of paid pollination hives, with over 75% of cherry acres (5) using pollination services.”

The trial is being conducted to achieve a proof of concept for greater yield with BVT’s natural precision agriculture system. It uses BVT’s proprietary Vectorite™ with CR-7 (Clonostachys rosea CR-7) biological fungicide, applied through the process of bee vectoring directly onto cherry blooms.

 “Pollination is a vital element of stone fruit production,” said Ian Collinson, Sales Manager at BVT “When a cherry grows, it’s because a bee pollinated a flower. So why not have those bees do double duty and carry biological products for disease control and plant health to those flowers at the same time?”

Now that the bloom period is over, the crop is developing on the trees. Yield data will be available once crops are harvested in late spring and into summer.

The trial is being conducted to achieve

Bee keeping, Biostimulants, North America

The dossier included CR-7 trial data already completed in Mexico and studies into human safety, environmental impact, and product efficacy as required to support product registration.

Bee Vectoring Technologies International Inc. has announced that the Company has submitted its proprietary Clonostachys rosea CR-7 (CR-7) biological fungicide for registration in Mexico. The registration dossier was presented on April 19, 2022 at a meeting with COFEPRIS (The Federal Commission for Protection from Sanitary Risks), the Mexican health authority responsible for registration of plant protection products. The dossier included CR-7 trial data already completed in Mexico and studies into human safety, environmental impact, product efficacy and more, as required to support product registration.

This application is part of a 2022 program to submit in up to four new jurisdictions allowing the Company to significantly increase its geographic footprint and open new revenue streams.

“We’re anticipating a quicker review process as compared to chemicals in Mexico because CR-7 should be considered a low-risk product,” said Gerardo Suazo, Senior Technical Manager for Mexico at BVT. “However, registration timelines with Mexican health authorities have been experiencing delays due to pandemic-related labor shortages and the backlog of submissions making it hard to predict review timing.”

Mexico’s growers offer significant market potential for BVT’s natural precision agriculture system: official statistics indicate that the country’s production in 2019 included 41,600 acres of strawberries, 12,100 acres of blueberries and over 377,000 acres of tomatoes and peppers. In the same year, US imports of fresh and processed fruits and vegetables from Mexico amounted to US$15.6 billion.

“Mexico is a huge export market, and high-volume growers are keen to adopt low- or no-chemical solutions to fight diseases and increase crop yields,” said Ashish Malik, CEO of BVT. “The country uses US$1.3 billion worth of pesticides each year, but an increasing number of growers are turning to biologicals as an alternative that offers better quality, greater food safety and reduces the need for chemicals.”

The dossier included CR-7 trial data already