Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF) is making waves in the agriculture industry with its groundbreaking precision agriculture system that utilizes commercially grown bees to deliver biological pesticide alternatives to crops. The company has recently announced a staggering 196% year-over-year sales growth in the Pacific Northwest blueberry market, accompanied by a high customer retention rate and the addition of new customers. This impressive growth demonstrates the immense potential of BVT’s eco-friendly approach to crop protection and highlights the increasing demand for sustainable farming practices.
BVT’s success story in the Pacific Northwest blueberry market is a testament to the effectiveness of its innovative technology. The company’s system involves using bees to pollinate crops while delivering a proprietary biofungicide called Vectorite with CR-7 directly into the blossoms. This approach ensures that the crops receive protection from fungal diseases right from the flower blooming.
Despite facing a challenging growing season with record-breaking rainfall in the Pacific Northwest, BVT’s system proved invaluable. Traditional fungicide application methods were hampered by the wet conditions, making it difficult for growers to protect their blueberry bushes. However, BVT’s system allowed growers to address the disease challenge head-on.
The results were nothing short of impressive. Commercial grower trials revealed that blueberries grown using the BVT system were, on average, 1.26mm larger in diameter and 26.67% heavier than those without the system. This translated into approximately $10,000 per acre in additional revenue for growers, providing a remarkable 40 times return on investment (ROI). Unsurprisingly, over 80% of BVT’s regional customers renewed their contracts for another season, demonstrating their satisfaction with the system’s performance.
Furthermore, BVT successfully added significant new acreage through collaborations with two major regional blueberry producers. This expansion reaffirms the trust that growers place in BVT and signifies the company’s growing market presence.The key to BVT’s success lies in its commitment to natural and sustainable agriculture. Instead of relying on chemical pesticides that can harm the environment and beneficial insects, BVT’s precision vectoring technology uses commercially raised bees as a delivery mechanism for biological pesticides, known as biologicals.
This approach offers several advantages. First and foremost, it is completely harmless to bees, ensuring the well-being of these crucial pollinators. Additionally, it allows for the precise delivery of minute amounts of biologicals directly to blooms, providing superior crop protection to traditional chemical pesticides. The result is healthier crops, improved yield, and enhanced soil and microbiome health.
BVT’s impressive growth in the Pacific Northwest blueberry market indicates a broader agricultural trend – a shift towards sustainable and environmentally responsible practices. With a global market opportunity in the $240 billion crop protection and fertilizer sector, BVT is well-positioned to disrupt the industry with its innovative approach.
The company’s dedication to reducing the environmental impact of agriculture while simultaneously boosting crop yields is a win-win for both farmers and the planet. The positive feedback from growers in the Pacific Northwest underscores the value of BVT’s technology, and its collaborations with major regional distributors are set to propel its growth further.
As BVT continues to expand its market presence and gain traction in other key sales regions, it is poised to play a pivotal role in revolutionizing agriculture for a more sustainable and prosperous future. With its commitment to protecting crops, supporting bee populations, and enhancing soil health, Bee Vectoring Technologies is undoubtedly a company to watch in precision agriculture.
Photo by Roberto Lopez on Unsplash
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