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With Microbiome Technology, Expanded Market Access, and Season-Long Support, Growers Earn up to an Additional $59 Per Acre with 2020 Indigo Certified Wheat™

May 22, 2019

MEMPHIS, Tenn.--(BUSINESS WIRE)--May 22, 2019--

Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces its 2020 Winter Wheat offer. Available for the 2020 crop season, the offer is designed to increase overall profitability for U.S. wheat growers.

Growers can select a complete solution of microbiome technology, digital agronomy, grain quality testing, Indigo Marketplace and Indigo Transport. The 2020 Indigo Certified Wheat offer enables farmers with 50 bushel per acre average production history to earn up to an additional $59/acre through Indigo’s solutions. Solutions can be configured to each grower’s specific needs.

Indigo’s microbiome technology has been shown to improve crop resiliency in the face of environmental stress, such as drought. Derived from nature and optimized through machine learning, the company’s microbiome coatings also reduce the need for added inputs. Last year, Indigo Certified Wheat demonstrated a median yield gain of 12.7% across approximately 40,000 commercial acres when compared to neighboring fields. The quality of those harvests improved as well, with a protein increase of 1.1% over county averages. New to this year’s offer is the opportunity for U.S. wheat growers to apply Indigo’s microbiome technology to any seed variety of their choosing. The company will work with seed providers for local distribution.

Lee Jost, a wheat grower out of Texas, grew Indigo Wheat last season. As for his experience with Indigo, he said, “I would say try Indigo. I was skeptical but decided to try it. In a bad growing season, Indigo Wheat stood out and looked good — more prolific, greener, vigorous. I planted non-Indigo wheat just a half a mile away and it didn’t do anything.”

Beyond yield uplifts generated from microbiome technology, Indigo’s approach includes data-driven agronomics, and the option to sell grain through Indigo Marketplace, an ecommerce platform that has logged over $30B in demand from buyers to date. Growers signed up for the 2020 Indigo Certified Wheat offer stand to earn up to $22 per acre when selling through Indigo Marketplace, which is within the $59 per acre earning potential.

“Indigo is working to improve grower profitability by decreasing input costs, increasing yields and enabling the farmer to earn more for their crop,” said David Perry, Indigo CEO. “This 2020 Winter Wheat offer provides the farmer with flexibility to pursue any mix of these capabilities.”

For more information on this offer, click here.

About Indigo

Indigo improves grower profitability, environmental sustainability, and consumer health through the use of natural microbiology and digital technologies. Utilizing beneficial plant microbes and agronomic insights, Indigo works with growers to sustainably produce high quality harvests. The company then connects growers and buyers directly to bring these harvests to market. Working across the supply chain, Indigo is furthering its mission of harnessing nature to help farmers sustainably feed the planet. In 2019, Indigo was ranked #1 on CNBC’s Disruptor 50 list and #35 on Fast Company’s Most Innovative Companies list. The company is headquartered in Boston, MA, with additional offices in Memphis, TN; Research Triangle Park, NC; Sydney, Australia; Buenos Aires, Argentina; and São Paulo, Brazil.

Disclaimer

No representation or warranty of any kind (whether expressed or implied) is given by Indigo as to the accuracy, completeness, currency or fitness for any purpose of the above forecasts. As such, this document does not constitute the giving of investment advice, nor a part of any advice on investment decisions. Indigo accepts no liability of any kind and disclaims all responsibility for the consequences of any person acting or refraining from acting in reliance on this press release and any forecasts in whole or in part.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190522005267/en/

CONTACT: Indigo

Allie Evarts

aevarts@indigoag.comHatch for Indigo

Judy Huang

indigo@thehatchagency.com

KEYWORD: UNITED STATES NORTH AMERICA TENNESSEE

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL DATA MANAGEMENT SUPPLY CHAIN MANAGEMENT SOFTWARE NATURAL RESOURCES AGRICULTURE RETAIL

SOURCE: Indigo

Copyright Business Wire 2019.

PUB: 05/22/2019 09:00 AM/DISC: 05/22/2019 09:01 AM

http://www.businesswire.com/news/home/20190522005267/en

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