Key Takeaways:
- Pivot Bio and Hefty Seed Co. have announced a strategic distribution partnership to offer PROVEN® 40, a microbial nitrogen source, at all Hefty Seed locations starting in 2025.
- Hefty Seed Co., with 49 retail locations across 10 states, is one of the largest independent ag retailers in the U.S.
- PROVEN® 40 provides a steady, in-season nitrogen supply, complementing synthetic fertilizers and manure while supporting modern crop management systems.
- Farmers will also gain access to emerging sustainability programs, including Pivot Bio’s N-OVATOR program, which creates revenue opportunities through sustainable farming practices.
Partnership Details
Pivot Bio (Profile) announced a distribution partnership with Hefty Seed Co. to expand access to PROVEN® 40, a patented microbial nitrogen technology designed to optimize nutrient delivery and improve yield consistency for corn farmers.
Starting in 2025, PROVEN® 40 and Pivot Bio’s RETURN® products for sorghum, wheat, and other small grains will be available across Hefty Seed Co.’s extensive network of 49 locations. Farmers will have access to these products alongside Hefty’s lineup of trusted crop inputs.
Chris Turner, Chief Commercial Officer of Pivot Bio, highlighted the significance of the collaboration: “Hefty Seed Company has earned a reputation for empowering farmers through expert agronomic advice, proven crop inputs, and a deep understanding of what it takes to succeed on the farm. We are excited to partner with Hefty’s expert advisors to bring farmers this patented technology that helps maximize every acre potential while supporting long-term operational success.”
Benefits of PROVEN® 40
PROVEN® 40 offers several advantages for modern farming operations:
- Efficient nutrient delivery: Provides steady, in-season nitrogen supply to meet crop demands.
- Reduced nitrogen loss: Insulates against risks associated with nitrogen loss events.
- Enhanced crop management: Complements existing nitrogen sources like synthetic fertilizers and manure.
- Improved consistency: Protects yield potential and enhances production reliability.
The partnership will also include a collaborative field support initiative, providing farmers with personalized nitrogen planning, data-driven recommendations, and field-tested insights delivered by Hefty Seed Co. advisors and Pivot Bio’s agronomy team.
Sustainability and Revenue Opportunities
Hefty Seed Co. customers will also benefit from Pivot Bio’s N-OVATOR program, which supports nitrogen use efficiency while creating revenue opportunities for farmers through partnerships with downstream buyers. The program positions grain farmers to benefit financially from sustainable production practices, helping them achieve both agronomic and environmental goals.
Pivot Bio Latest News
Names Jason Hoag as Head of North American Commercial Distribution (2024/11/21)
Pivot Bio has appointed Jason Hoag as its new head of North American commercial distribution. Hoag will manage distribution networks, expand retail channels, and strengthen commercial partnerships. Based in St. Louis, he will report to Chris Turner, chief commercial officer. Hoag has extensive experience in marketing, distribution strategies, and sales channel development, having served as vice president of North America Marketing Lead at Bayer Crop Science.
Pivot Bio’s N-OVATOR® Program Grows to 1.4 Million Acres for 2024 Nitrogen Credits (2024/10/22)
Pivot Bio has reached a milestone with 1.4 million acres enrolled for nitrogen credits during the 2024 growing season, indicating increased participation by U.S. farmers in nitrogen management practices. The N-OVATOR® program promotes the reduction of synthetic nitrogen use by replacing traditional fertilizers with Pivot Bio’s microbial nitrogen. Over $13 million in payments have been provided to farmers since its launch in 2022, with some receiving up to 50% of their investment.
Expands Brazil Team as It Prepares for Commercial Launch (2024/10/03)
Pivot Bio has expanded its team in Brazil, adding four professionals with expertise in agronomy, finance, sales, and marketing. Bruno Val will lead agronomy, Henrique Maia will manage financial planning, Ricardo Reis will be marketing manager, and Gustavo Silberschmidt will lead commercial operations. The new hires will strengthen Pivot Bio’s local capacity and commitment to sustainable agricultural practices, as it prepares for its commercial launch in Brazil.
Pivot Bio’s Microbial Nitrogen Solutions Slash CO2e Emissions by Over 932,000 Metric Tons (2024/06/06)
Pivot Bio, a sustainable agriculture company, has reported that its customers have reduced carbon dioxide equivalent emissions by over 932,000 metric tons since 2022. This is due to the use of Pivot Bio’s microbial nitrogen to improve nitrogen management plans, setting a pace for emissions reductions in the agriculture sector. The use of microbial nitrogen has been pivotal in permanent on-farm decarbonization, with growers utilizing Pivot Bio products avoiding over 700,000 MT of CO2e emissions in 2023 alone. Pivot Bio’s N-OVATOR™ program, which connects growers with companies aiming to reduce Scope 3 emissions, has resulted in nearly 140,000 MT of permanent, nonreversible emissions. The program has partnered with over half a dozen companies to develop initiatives that provide financial returns to growers for CO2 and N2O reductions and watershed improvements.
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Welcomes Chris Turner as New CCO (2024/05/02)
Pivot Bio has appointed Chris Turner as its new Chief Commercial Officer. Turner, an industry veteran, will lead the company’s global growth agenda and oversee the commercial sales organization. With almost three decades of experience in the agriculture sector, Turner previously worked at Bayer and Monsanto and holds a Bachelor of Science degree in agriculture from the University of Missouri.
N-OVATOR Program Achieves Significant Environmental Savings (2024/04/23)
Pivot Bio’s N-OVATOR program has reduced over 315,000 metric tons of CO2e and saved over 91 million gallons of water. The program has also prevented an estimated 14,000 tons of nitrates from contaminating aquifers and watersheds. The program provides financial benefits to growers, with payments totaling over $6 million to date. The N-OVATOR program received the “Top Project of the Year” award for 2024 by Energy + Environment Leader. Pivot Bio was named among the World’s 50 Most Innovative Companies by Fast Company. The program supports improved supply chain sustainability efforts across various industries.
Leadership Engages in World Agri-Tech Innovation Summit (2024/03/19)
Pivot Bio is attending the World Agri-Tech Innovation Summit in San Francisco to explore collaborative opportunities in the agricultural sector. The CEO emphasized the importance of cross-sector collaborations and the potential of ag tech in boosting farm productivity and managing operational risks. The shift towards sustainable agriculture practices is increasingly recognized as vital for future food security and environmental sustainability. Despite financial constraints, the CEO is optimistic about the future of ag tech investments, driven by the sector’s potential to contribute significantly to climate action.
University of Kentucky Study Highlights Benefits of Microbial Nitrogen in Corn Production (2024/03/08)
The University of Kentucky Martin-Gatton College of Agriculture, Food, and Environment has conducted a study indicating that substituting synthetic nitrogen with Pivot Bio PROVEN® 40 can significantly boost corn yields. The study showcased an impressive yield increase, with corn plots treated with PROVEN 40 yielding on average 11 bushels more per acre compared to control plots. The findings underscore the potential of microbial nitrogen fertilizer to maintain and even increase crop yields while reducing dependency on synthetic fertilizers.
Boosting Agriculture with Sustainable Nitrogen Practices (2024/02/21)
Pivot Bio’s N-OVATOR™ program has compensated growers with over $6 million since its inception in 2022. The program promotes sustainable nitrogen use, reduces greenhouse gas emissions, and has attracted diverse partnerships. By replacing synthetic fertilizer with Pivot Bio’s microbial nitrogen, farmers benefit from a new revenue stream that rewards sustainable farming. Pivot Bio plans to expand the program, enroll more growers and partners, and further reduce the agricultural sector’s environmental footprint.
New Customer Success Center at ISU Research Park (2024/01/05)
Pivot Bio recently inaugurated a $14 million Customer Success Center at Iowa State University Research Park, establishing a 36,000-square-foot facility dedicated to advancing sustainable agriculture and reducing reliance on synthetic fertilizers. This collaboration highlights the company’s commitment to innovation, exemplified by their microbial nitrogen product, PROVEN® 40, which aims to fulfill up to 25% of corn seeds’ nitrogen needs, demonstrating benefits in increasing biomass and minimizing environmental impact. The center serves as a commercial and educational hub, fostering industry partnerships and promoting sustainable farming solutions, thereby supporting agricultural growth and sustainability efforts.
Pivot Bio Appoints James C. Collins Jr. To Board of Directors (2024/01/26)
James C. Collins Jr., with over 35 years of experience in the agriculture sector and previous leadership roles at Corteva Agriscience and DuPont, has been appointed to the Pivot Bio Board of Directors, effective January 23. Collins’ election is poised to boost Pivot Bio’s strategic growth in sustainable agriculture, leveraging his extensive background in agribusiness, product innovation, and global market expansion. His career highlights include pivotal contributions to agricultural education, leadership development, and significant achievements in integrating and scaling agricultural enterprises, underscored by his recent retirement as CEO of Corteva and his active participation in various advisory and governance roles that underscore his commitment to the agriculture industry and education.
Pivot Bio PROVEN® 40 Enhances Silage Production and Profitability, Study Reveals (2024/01/18)
A study conducted in collaboration with over 30 dairy producers revealed that replacing up to 40 pounds per acre of synthetic nitrogen with Pivot Bio PROVEN® 40 significantly increased silage tonnage without compromising quality. The adoption of PROVEN 40 led to an increase of 0.91 tonnage per acre, a 4.2% advantage over traditional methods, and a 3.4% increase in milk production per acre. The product demonstrated consistent performance across various weather conditions and soil types, while maintaining quality and profitability.
Pivot Bio Appoints New CFO (2024/01/09)
Pivot Bio has appointed Robert Houghton as its new CFO, replacing Doug Jeffries who retired last year. Houghton will oversee various financial functions, including corporate finance, treasury, financial planning and analysis, tax, accounting, investor relations, internal audit, risk management, and capital market strategy. He brings nearly 30 years of financial and accounting experience and has held executive positions at companies such as Life Time Group Holdings, United Natural Foods, C.H. Robinson, Sherwin-Williams, and General Mills. Houghton is an alumnus of the University of Minnesota’s Carlson School of Management and will be based in Pivot Bio’s office in Wayzata, Minnesota.
Showcases Its Latest Innovation (2023/06/22)
Pivot Bio presented its innovative product, PROVEN® 40, at the 2023 International Annual Meeting of ASA, CSSA, and SSSA. The microbial nitrogen source for corn crops demonstrates advancements in enhancing nitrogen fixation, maintaining yield, and reducing environmental impacts. Key insights included on-farm success, yield stability, and environmental impact reduction. Pivot Bio is dedicated to delivering science-driven, farmer-centric solutions and bridging research with real-world farming.
Appoints Balaji Venkataraman as Senior VP (2023/11/02)
Pivot Bio has appointed Balaji Venkataraman as its new Senior VP of Manufacturing and Supply Chain. Venkataraman will oversee manufacturing and supply chain activities and will report to the company’s President and COO, Lisa Safarian. Pivot Bio is a sustainable agriculture company that provides patented crop nutrition technologies to farmers. The company’s products offer a solution to the environmental impact of synthetic nitrogen and ensure consistent and productive growth of food.
Earns Spot on TIME’s Best Inventions List (2023/10/25)
Pivot Bio, Inc. has earned a spot on TIME’s Best Inventions list for the second time. This recognition is for the company’s innovative product, PROVEN® 40 OS, which equips corn farmers with the ability to plant their seeds with up to a quarter of the crop’s nitrogen needs already pre-loaded. Pivot Bio’s technology reduces greenhouse gas emissions and requires significantly less water than traditional synthetic fertilizers. The prestigious list celebrates innovators and groundbreaking developments, emphasizing sustainability and societal impact.
Announces Key Executive Appointments Amidst Rapid Growth (2023/09/27)
Pivot Bio, a sustainable agriculture company has appointed Debra Frimerman as Chief Business Development Officer, Wendy Watkins as Chief Communications Officer, and Devang Shah as General Counsel. All three will report to Pivot Bio CEO Chris Abbott. The company has achieved significant milestones, such as usage by farmers on over 5 million acres and revenue of $100 million in 2023. Pivot Bio aims to revolutionize nitrogen management in agriculture and disrupt the $190 billion nitrogen market.
Names Chris Abbott as CEO (2023/08/31)
Pivot Bio, a sustainable agriculture company, has appointed Chris Abbott as its new CEO, succeeding former CEO Karsten Temme who is now the Chief Innovation Officer. Abbott’s extensive experience in agriculture, water, sustainability, and technology makes him the ideal candidate to lead Pivot Bio into its next growth phase. The company’s patented crop nutrition technologies provide farmers with reliable and sustainable solutions for growing crops and have gained rapid adoption among U.S. farmers. Pivot Bio has ambitious plans to sustain and further accelerate growth, including establishing new facilities, partnering with universities for research, and driving innovation and progress in modern agriculture.
Pivot Bio’s Microbial Nitrogen (2023/06/22)
The company offers an alternative to synthetic nitrogen fertilizers, helping farmers improve productivity and profitability while reducing pollution and combating climate change. Their microbial nitrogen production has an emissions footprint of just 2% of synthetic fertilizer and requires 1,000 times less water, leading to minimal waste. The company’s products have also been validated by independent studies that demonstrate their positive impact on farmers’ yields and profitability. Additionally, the company is committed to sustainability and actively engages in partnerships to drive climate-smart agricultural research. Pivot Bio has already helped farmers replace over 32,000 tons of synthetic nitrogen fertilizer, contributing to the company’s revenue of over $60 million.
Expands N-OVATOR™ Program (2023/04/20)
The company has announced the expansion of its N-OVATOR™ program for on-farm synthetic fertilizer replacement in 2023. This program aims to bring together growers reducing on-farm emissions by using the company’s microbial nitrogen with corporations striving to reach net-zero emissions by reducing their Scope 3 emissions. The 2022 pilot program documented the replacement of synthetic fertilizer with Pivot Bio PROVEN® 40, a new nitrogen source, resulting in the avoidance of more than 80,000 MT of CO2e. The program’s expansion will support growers’ efforts to calculate the sustainability impact of their practice change on millions of acres.
Image provided by Pivot Bio
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