New technology: new leadership.
AM: Please provide an overview of EMD and its activities in North
America.
PS: EMD Crop BioScience is a leading developer of crop-enhancing
products. As a science-based company, we take a lead role in
researching, developing and commercializing technologies that improve
plant health.
Our heritage organization, Nitragin, Inc. has a rich history going
back almost 110 years. It was originally founded as the Nitragin Company
in 1898 after a Milwaukee entrepreneur purchased rights to a commercial
process for the production of nitrogen-fixing rhizobia. In 1991, Merck
KGaA, Darmstadt, Germany, purchased the business and it became a part of
Merck KGaA's North American EMD group. The company purchased
Ontario-based Agribiotics, Inc. in 2006. Today EMD Crop BioScience is
the world's leading legume inoculant producer and marketer.
AM: Why did you join EMD?
PS: There's been a high level of excitement surrounding the
new technologies coming out of EMD Crop BioScience, so I was very
intrigued when the opportunity arose.
I'd seen the research on LCO Promoter Technology and the
consistent Return On Investment (ROI) that Optimize had been bringing to
soybean growers. In fact, Kip Cullers had just broken his own soybean
yield world record using Optimize around the time I was in discussions
about the position. I could see this was a very exciting time for the
company and knew it was just the beginning for LCO Promoter Technology,
as it was about to be introduced to corn growers in Torque IF.
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AM: What is LCO Promoter Technology?
PS: LCO Promoter Technology is a unique molecule
(Lipo-chitooligosaccharide) that turns on vital growth processes
independent of soil and weather conditions. It enhances the natural
growing process of plants. The result is a stronger, healthier start for
plants, translating into higher yields and better returns at the end of
the season.
Plants treated with LCO Promoter Technology are better able to
survive environmental stresses. And when plants are able to survive and
thrive, the return on investment is considerably higher because the crop
is better able to perform to its genetic potential.
Many soybean growers have become familiar with the technology in
Optimize and we've just launched our first LCO product in corn,
Torque IF for in-furrow applications.
AM: What do you see as one of the biggest challenges for EMD Crop
BioScience over the next few years?
PS: Because LCO Promoter Technology is new for many growers, our
biggest task in the short term is generating awareness. We have field
data and testimonials that show this technology offers incredible ROI
for growers, but we still need to overcome the natural skepticism that
accompanies any new technology.
That takes much more than a traditional communications plan. We
need to generate awareness among the growers, educate retailers and
experts, and get them all talking to each other.
Ultimately, growers won't try LCO Promoter Technology just
because we have convinced them. They'll need to hear it from their
neighbors and local experts. Our main objective is to make the facts
available and stimulate conversation and trials. That's been a
flourishing model for Optimize and it appears to be just as successful
for Torque IE
AM: How do you communicate with your target markets ?
PS: We have a field sales force that informs, educates and raises
awareness among retailers, influencers and, most importantly, the
growers.
Of course, our marketing department employs traditional advertising
and strategic public relations, but we also focus on generating
conversations about our technology and our products with word-of-mouth
tactics. For example, over the past year we've held a series of
grower teleconferences to spark word-of-mouth communication between
growers, university experts and retailers. Those participants will
discuss their experiences with their neighbors and colleagues, spreading
more awareness.
AM: What is your outlook for the 2008 North American agricultural
economy?
PS: The agricultural economy has never been better for growers in
North America and our primary task as a science-based company is to help
growers capitalize on that by enhancing and protecting their yields.
Current commodity prices present a great profit potential for growers
and it magnifies the ROI our products can offer them.
It's a great time for North American growers and, we believe,
a great time for EMD Crop BioScience as well.
Name: Paul Schmidt
Title: President, EMD Crop BioScience, Brookfield, WI
Career: Most recently was VP of New Business Ventures for Bayer
CropScience. Began his 25 years in the crop protection
industry with Bayer legacy company Hoechst.
Education: B.S. in Agronomy at the University of Saskatchewan.
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