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NuTech News

What an Exciting Time to be Involved in Agriculture

Some might say…. how can you say such a thing with tight cash flow and low commodity prices relative to costs? I say, same old business, just different year. Yes, we have lower commodity prices, but we have raised record crop yields over the last 4 years and demand for our grain is as high as it has ever been. Look at all the technology we have today as well. Not only do we grow more bushels with better seed products, but we have equipment that will drive itself, monitors that measure yields on the go, and communication tools that provide information 24/7. I had the opportunity to see some interesting market research recently that showed that grower confidence in the future of Agriculture was at record high levels even though current outlook is negative to challenging. I couldn’t agree more with the future confidence. This is a hungry world and it will need high producing, savy farmers to feed it.

It is also a great time to be in the seed business, especially with NuTech Seed. Our business continues to move forward in positive direction due to our consistent outstanding Independent Trial performance in corn, our LibertyLink® soybean weed control options and sales success, and our people. Year after year, we just keep winning due to the quality of our products. More and more growers are seeing our results and asking to purchase our products or join our dealer network. Today’s best growers continue to focus on maximizing yield potential and managing costs/bushel, not cost per acre. And we can help. Combine our outstanding products with good programs and we have a tremendous value to offer growers. We also work diligently every day to develop mutually beneficial relationships, maintain a strong customer service orientation, and create a brand experience that is trustworthy and genuine. In uncertain times, people look for people they trust as business partners and we take that challenge seriously each and every day. There is still a lot of decisions to be made yet on the farm for the 2017 crop and I know we can help.

As always, thanks for your business and support of NuTech Seed. It is good to be us!

Hybrid Performance Can Help Lower Your Seed Cost

The current climate of low crop commodity prices is squeezing margins. As growers consider strategies to reduce cost, they often budget on cost per acre. This is a great start, but focusing only on cost per acre might cause producers to overlook the cost per bushel which is being raised. 

The most straightforward reason for calculating cost on a per-bushel (rather than per acre) basis is that the crop being produced will be priced in dollars per bushel. Some will raise the concern that production is uncertain. While that statement is true, no budget is going to perfectly predict the future. Instead budgeting make use of history and trends to make predictions about the future. Budgeting is based on forecast which are imperfect but are useful.

One of the quickest ways that growers can reduce their cost per bushel raised is to increase their overall yield per acre. The average US corn yield have increased from 127 bushel per acre in 1996 to over 173 bushels per acre in 2016. That is a 40 bushel per acre gain during the last 20 years. This is a direct result of newer technologies and extensive testing of the new hybrids which are commercially available. One way we test our products is in the F.I.R.S.T. trials each year. Seventy-six different companies entered hybrids into the F.I.R.S.T. trials this year, but none can tell the performance story that NuTech Seed can.

Year After Year - Win After Win

In the 2016 F.I.R.S.T. trials, 19 different NuTech Seed hybrids took the overall highest yield designation in 60 different trials. These 60 ‘wins’ were more than double that were experienced by our closest competitor in these same trials. More importantly, NuTech Seed hybrids achieved 280 ‘Top 5’ finishes and 471 ‘Top 10’ finishes respectively. These results are simply amazing and it all starts with superior genetics! Even more amazing is our performance in these trials during the last 3 years. Year after Year, Win after Win, NuTech Seed hybrids have shown the performance to help growers lower your cost per bushel.

NuTech Seed: The Seed Brand of Choice in 2017

I don’t know about you, but it seems like harvest just wrapped up and football bowl season is upon us. In all reality, planting season is rapidly approaching and it won’t be long before we have to dust off the lawnmowers as we start another growing season. That being said, growers are set to plant more NuTech Seed soybeans, sorghum and sunflowers than ever before.

2017 seems to be a year of indecision as we see a new soybean technology offered for weed control. Soybeans with Roundup Ready 2 Xtend® technology (RR2X) have hit the ground running and are causing quite a stir in the field as growers decide which option is best for their farms. While RR2X is a solid alternative to troublesome weeds, NuTech Seed firmly believes the LibertyLink® strategy is a safer and more neighbor friendly alternative to glyphosate resistant weeds and improved yield potential. NuTech Seed has begun to transition part of the portfolio to RR2X and is looking at these products across all maturity zones. Our promise to you is a product must perform, regardless of technology, and we will not launch a product due to technology only.

LibertyLink, Planting, soybeans, weed control

NuTech Seed launches grain sorghum hybrid to help growers overcome the effects of sugarcane aphids

NuTech Seed is working to provide sorghum growers an option for areas concerned with sugarcane aphids. Sugarcane aphids have been a factor in reducing yields by as much as 50% in certain geographies and chemical control is often difficult to achieve. The recent launch of grain sorghum hybrid GS 636™ is one solution to help growers overcome the effects of sugarcane aphids. GS 636 is naturally tolerant to aphids and performed very well in multiple trials in Texas, Oklahoma, Nebraska and Kansas. Stay tuned for further sugarcane aphid tolerant products in the future.

NuTech Seed wishes everyone the best of luck this year and in years to come. We know and understand growers have many options available to them and we take pride in making NuTech Seed the brand of choice.

Kansas, Nebraska, Oklahoma, sorghum, sugarcane aphids, Texas