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Thursday / November 21. 2024
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Offerings built to help growers manage risk as they improve soil health and strengthen their nutrient mix

Sound Agriculture, a leading agriculture company dedicated to advancing plant and soil health, has announced new solutions for the 2025 growing season. Grower incentives for synthetic fertiliser replacement and a new beneficial fungi product that enhances nutrient and water uptake will help growers optimize their nutrients and boost crop yields. Combining these solutions with Sound’s existing cash-back product guarantees and 0 per cent financing options makes for a compelling and no-risk nutrient efficiency package.

Sound Agriculture launches synthetic fertilizer replacement incentive & BLUEPRINT™ to increase nutrient & water uptake. “We are dedicated to discovering new methods to help growers maintain productive agricultural systems in ways that are more profitable and better for the land,” said Adam Litle, CEO, Sound Agriculture. “This includes the launch of a new product, BLUEPRINT, that synergizes perfectly with our flagship product, SOURCE. By pairing these products with financial incentives that reward growers for adopting practices that are better for the planet, growers can save money while eliminating risk.”

Sound Agriculture’s Efficient Acre Solution

The Efficient Acre Solution was developed for growers interested in reducing fertilizer while tapping into new sources of income. By using SOURCE® to replace 25 lbs of nitrogen and/or phosphorus, growers can participate in the Efficient Acre Incentive. This program incentivizes farmers to reduce their reliance on synthetic fertilizers, while helping them manage the associated risks. The program includes:

Financial Incentives: Corn growers can earn up to $10 per acre for replacing synthetic nutrients with SOURCE, available on up to 350,000 acres in 2024-25.

Guaranteed Yield Protection: If yield is not maintained, Sound Agriculture will reimburse growers up to $100 per acre.

Risk-Free Adoption: This program eliminates the financial risk of replacing synthetic fertilizer with SOURCE, encouraging growers to improve soil health and nutrient efficiency.

Growers who are already efficient with fertilizer applications and are looking to maximize their yield potential can tap the Maximum Acre solution. Using SOURCE plus BLUEPRINT™ offers a powerful combination that enhances nutrient and water uptake. Unlike most biologicals, BLUEPRINT provides the highest quality arbuscular mycorrhizal fungi (AMF), expanding the crop’s reach beyond the roots. When used together, SOURCE leads to more available nutrients while BLUEPRINT acts like a superhighway for nutrients and water to get to the plants.

Enhance Nutrient Access: SOURCE activates more than 200 species of beneficial microbes and fungi that create available nitrogen and phosphorus. BLUEPRINT is activated by SOURCE, enabling crops to access more nitrogen, phosphorus, micronutrients, and water.

Improve Plant Health: Enhanced nutrient access throughout the season ensures plants can survive and thrive in high stress environments.

Release Tied Up Phosphorus: By activating P-solubilizing microbes, SOURCE unlocks the vast reserves of tied-up phosphorus that exist in most soils. BLUEPRINT enhances the reach and delivery of phosphorus back to the crop.

“The 2024 season taught us valuable lessons about managing nutrient efficiency amid extreme weather conditions,” said Paul Beck, CRO, Sound Agriculture. “Our new solutions are designed to help growers achieve better yields while protecting the environment and their bottom line.”

Offerings built to help growers manage risk

Will help expand Sound’s Nutrient Efficiency and On-Demand Breeding business lines

Sound Agriculture a leading agtech company improving how we farm and what we eat, has announced a $75 million Series D equity investment, led by new investors BMO Impact Investment Fund and Chan Zukerberg investment along with FootPrint Coalition and returning investors Leaps by Bayer, Sygenta Group Ventures, S2g Ventures, Fall Line Capital, Cavallo Ventures and Northpond Ventures. 

Sound’s Nutrient Efficiency business includes its flagship product, SOURCE® that activates the soil microbiome via a biochemistry foliar spray. SOURCE signals to microbes that already exist in the soil to increase nitrogen fixation and phosphorus solubilisation, reducing the need for synthetic fertiliser in corn by up to 50 lbs per acre while maintaining or improving yields.

Sound’s On-Demand Breeding business uses epigenetics to breed novel plant traits 10x faster than traditional methods at a fraction of the cost, and without changing the plant’s DNA. Since 2020, Sound has signed partnerships with over a dozen leading food and agriculture companies to improve flavour, reduce spoilage, increase yield and enhance nutrition in a variety of crops such as corn, soybeans, wheat, potatoes, yellow peas and tomatoes.

“Our food system needs to change and it needs to happen quickly,” said Adam Litle, CEO, Sound Agriculture. “We’re committed to fighting a trifecta of issues that include food insecurity, environmental damage and poor health—all of which are addressable with the right technology and practices. We will use this investment to advance our research platforms, grow sales and marketing in the U.S. and abroad, and sign new partnerships to support better methods of farming and food system resiliency.”

SOURCE has seen rapid adoption since its launch in 2020, with 4.3x growth in 2022 and use on more than one million U.S. acres. In the process, SOURCE was used to either replace nitrogen fertiliser without impacting yield, or increase yields on farms with efficient nitrogen fertiliser practices.

“The Sound management team has delivered rapid growth of their high-margin nutrient efficiency business and developed an innovative on-demand breeding platform that creates a step change in how plant traits are bred. The team’s depth and success across these two business lines will impact the full breadth of the food system; from production to consumption,” said Marc Khouzami, Managing Director, BMO Impact Investment Fund. “The BMO Impact Investment Fund is thrilled to be partnering with the team to help drive the next phase of the company’s growth and the development of new solutions to increase sustainability in agriculture.”

In 2023, SOURCE is being launched for use on wheat, cotton, alfalfa, hay and canola, in addition to corn and soybeans, and will be expanding internationally. By 2030, Sound is targeting the reduction of more than 100 megatons of CO2 equivalent and the avoidance of 4 billion pounds of nitrates from waterways as SOURCE scales.

Will help expand Sound's Nutrient Efficiency and