Mosaic Celebrates National Ag Day by Announcing New Soil Health Collaboration with AgBiome
Soil health is the cornerstone of balanced crop nutrition, increasing crop productivity and sustaining the land for generations to come. Advancing soil health is important for our customers and a natural extension of our ability to help them sustainably achieve their goals. Today Mosaic announced the next step in building out a soil health portfolio through a strategic partnership with AgBiome.
This collaboration to discover, develop and launch novel biological approaches to enhancing soil fertility will leverage AgBiome’s proprietary GENESIS™ platform that comprises the world's largest, most diverse, fully-sequenced collection of microbes coupled with innovative product discovery technology. Mosaic will lend its industry-leading expertise in soil health and product development, as well as its global distribution and sales network. Together the companies expect to find solutions that can be added to Mosaic’s soil health portfolio. Mosaic will have worldwide rights to the product, which has an anticipated launch date in 2025.
This agreement adds to a series of bold moves Mosaic has recently made in the soil health space. Earlier this month, Mosaic announced an agreement with Sound Agriculture to develop and distribute a nutrient efficiency product. Sus-Terra fertilizer was announced last year with production beginning this month, and last December we announced an agreement with BioConsortia to collaborate on new nitrogen-fixing microbial products. Mosaic also recently completed investments in the Brazil venture capital firm, SP Ventures, and U.S.-based Lewis and Clark Ventures, and joined the Plug and Play Tech Center rounding out our global capabilities in technology scouting.
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