WinField United Canada has announced an exclusive distribution agreement to supply Lavie Bio Ltd with Yalos.
WinField United Canada will supply its bio-inoculant seed treatment Yalos to Lavie, a leading ag-biologicals company that develops microbiome-based, computational-driven bio-stimulant and bio-pesticide novel products.
The partnership aims to support Lavie Bio’s 2024 sales growth strategy in Canada, with a focus on key agricultural regions, including Saskatchewan, Alberta, and Manitoba, where Yalos targets spring wheat, durum, and barley crops.
Lavie Bio‘s intent is to engage with additional complimentary distribution partners to expand its sales reach throughout North America.
The distribution agreement with WinField United Canada remains on point with Lavie Bio’s strategy, further advancing the company’s sales and distribution capability throughout Canada and the United States.
Global cereal grain prices have made it highly economical for growers to explore innovative ways to increase cereal grain production.
In Lavie Bio’s third-party conducted trials, Yalos demonstrated a yield advantage of 3-4 bushels per acre in wheat, durum, and barley.
The trial data Lavie Bio compiled over multiple years and unique environmental conditions illustrates a 4:1 return on investment (ROI) for farmers, given current market values.
Furthermore, Yalos requires minimal change to a farmers’ existing seed treatment process and aligns with the environmental sustainability needs.
Mr. Greg McDonald, President and General Manager of WinField United Canada, stated: “WinField United Canada is excited to partner with Lavie Bio in an exclusive independent retailer distribution agreement on Yalos.
“We are committed to the success of independent retailers across Canada, bringing them unique product offerings and partnerships such as this one with Lavie Bio.
“With Lavie Bio’s expertise in biological solutions and WinField United’s proven track record in successfully launching new products and distribution expertise, we look forward to this new partnership. It further advances our commitment to drive innovation in crop production across Canada.”
Mr. Russel Putland, EVP Commercial & GM North America of Lavie Bio, added: “I am very pleased with our WinField United Canada partnership. The distribution agreement expands our market reach and capability as we launch Yalos™ in Canada.
“WinField United Canada has a proven track record of launching innovative products, which supports our strategy and the adoption of Yalos.
“We are proud to introduce, together with WinField, a product that will increase profitability for the Canadian farmer and is also environmentally friendly.”
About Yalos
Yalos is a microbial based inoculant, that has been designed to empower plant performance based on its ability to improve the availability and efficiency of nutrient use.
It thereby increases yield, and improving growers’ profitability, while contributing to environmental sustainability and soil health. Yalos is a water dispersible granule (WDG) and is to be applied as a seed treatment.
About Lavie Bio Ltd
Lavie Bio, a subsidiary of Evogene Ltd., aims to improve food quality, sustainability, and agriculture productivity through the introduction of microbiome-based ag-biological products.
Lavie Bio utilizes a proprietary computational predictive platform, the BDD platform, powered by Evogene’s proprietary MicroBoost AI tech-engine, harnessing the power of big data, artificial intelligence, and advanced informatics, for the discovery, optimization and development of bio-inoculant and bio-pesticide products.
About Evogene Ltd
Evogene (Nasdaq: EVGN, TASE: EVGN) is a computational biology company aiming to revolutionize the development of life-science based products by utilizing cutting edge technologies to increase the probability of success while reducing development time and cost.
Evogene established three unique tech-engines – MicroBoost AI, ChemPass AI and GeneRator AI – leveraging Big Data and Artificial Intelligence and incorporating deep multidisciplinary understanding in life sciences.
Each tech-engine is focused on the discovery and development of products based on one of the following core components: microbes (MicroBoost AI), small molecules (ChemPass AI), and genetic elements (GeneRator AI).
Evogene uses its tech-engines to develop products through subsidiaries and strategic partnerships. Evogene’s subsidiaries currently utilize the tech-engines to develop human microbiome-based therapeutics by Biomica, ag-biologicals by Lavie Bio, ag-chemicals by AgPlenus, medical cannabis products by Canonic and castor varieties, for the biofuel and other industries, by Casterra.
About WinField United Canada ULC
WinField United Canada ULC, located in Saskatoon, Saskatchewan, is a wholly owned subsidiary of Land O’Lakes, Inc., an agriculture and food co-operative located in Arden Hills, Minnesota, USA.
WinField United Canada is a leading distribution partner that supports over 350 independently operated agriculture retail locations across Canada.
WinField United Canada supports ag retailers and their farm customers to access the newest innovations in adjuvants, biosolutions, crop nutrition, crop protection, and seed to optimize food production for a growing population.