Consolidation Hits Cover Crop and Forage Seed Business

(Troy Walz, University of Nebraska Extension)

DLF Pickseed (DLF), a global turf, forage and other crop seed provider, recently purchased Wisconsin-based La Crosse Seed. Financial details were not disclosed for the deal.

DLF serves farmers in more than 80 countries and says it controls 25% of the global grass seed market. The company formed in 2013 when DLF acquired Pickseed Canada and Pickseed USA, DLF was founded in 1906 and is owned by Danish seed growers.

“La Crosse Seed represents a significant addition to our United States domestic platform,” said Truels Damsgaard, CEO of DLF Seeds in a recent press release. “We are looking forward to working with Dan Floor, CEO La Crosse Seed, and his team who will continue as a separate entity within DLF.”

La Crosse Seed was founded in 1947 with a focus on forage, cover crop and turf seed for Midwest growers. It uses a dealer network and sells familiar brands such as Cover Crop Solutions, Soil First, Forage First and Summer Select.

“I feel that DLF Pickseed represents a strong strategic fit for La Crosse Seed,” said Paul Curran, La Crosse Seed chairman in a recent press release. “Our employees and leadership team are excited in becoming part of the DLF organization and its global leadership position within the cool season turfgrass and forage seed markets.”

 

Latest News

Farmers Really Want to Plant Corn Not Soybeans, Says FBN Chief Economist 

Kevin McNew says the company's survey of 2,000-plus growers shows they will plant 92.5 million acres of corn and 84.5 million acres of soybeans. Both estimates are counter to what USDA projected in February.

ADM Offers BiOWiSH Fertilizer Enhancement At 7 Locations

The BiOWiSH Fertilizer Enhancement is specifically designed to optimize yield potential by improved nutrient uptake and to improve soil conditions for increased plant vigor.

Unloading grain
Deadline Looms, but still no Movement on U.S.-Mexico Corn Trade Dispute, Grassley says

Iowa Senator encourages U.S. Trade Representative Katherine Tai to move toward instituting USMCA dispute settlement process.

What The Soil Has to Say

By turning biological test results into gigabytes of data, Pattern Ag has developed the largest soil metagenomics database with more than 200 billion DNA reads. 

CoBank: Emerging Risks Depress Profit Margins and Challenge Traditional Business Models

“Over the next five years, ag retailers will need to get a handle on changing customer needs, lower expected industry working capital, and rising property casualty insurance costs,” Ken Zuckerberg writes.

If You Think US Fertilizer Prices are High, Canadian Farmers Are Stuck With Surprising Fertilizer Tax

As Ontario, Canada farmer Julie Maw scouts her wheat fields, it’s the moment of truth for the record number of acres planted across the province this year.