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Press Release: Beck’s and Inflexion Point Technologies Partner to Bring Farmers First Prescriptive, On Planter Seed Treatment Solution

Press Release

Published on Thursday, January 27, 2022

Urbandale, Iowa and Atlanta, Indiana – Inflexion Point Technologies, LLC (IPT) and Beck’s today announce a collaboration focused on food productivity and farmer profitability. The partnership will equip farmers with the tools to tailor their use of biological seed treatments to agronomic zones and growing conditions.

IPT, co-founded by CEO Steve Smith and President Nick Iwig, is an ag tech company that has developed the industry’s first prescriptive, on-planter seed treatment (POP-ST™) solution.

“We are excited to collaborate with Beck’s to commercialize our POP-ST technology,” said Smith. “Beck’s long dedication to delivering value to the farmer will ensure our POP-ST technology is field tested and farmer approved. By partnering with Beck’s, we will be positioned to optimally serve the needs of our customers.”

As the largest family-owned retail seed company in the United States, Beck's has seen tremendous growth over the past several decades and has doubled in size in the past six years. Today, Beck’s is the third-largest corn and soybean brand in the U.S, offering the world’s most diverse access to genetics and traits.

“In a time where every acre counts to our farmers, we see the POP-ST solution as a unique, tailored approach in delivering additional, high-value seed treatments to optimize farmer’s profitability,” said Scott Beck, president of Beck’s. “When we heard about IPT’s novel approach, and the seed treatments that are being developed, we saw the opportunity to deeply explore the synergies that POP-ST system offers farmers in improving yields.”

The biological seed treatment market is rapidly expanding, and new technology is needed to enable yield-protecting, eco-friendly solutions that optimize return on investment for farmers. Beck’s will run POP-ST field trials starting spring 2022 using ALMACO research planters equipped with IPT’s patented POP-ST technology. The trials will help Beck’s evaluate which seed treatment technologies have commercial potential through the POP-ST solution.

“Our POP-ST technology increases the number of valuable technologies a farmer can apply to seeds compared to current practices,” added Iwig. “POP-ST is the first on-seed application technology enabling farmers to maintain biological seed treatments in their optimal state until they are deployed in real time, delivering farmers the most value.”

 

About Beck’s

Beck's- Farmers At Heart® - revolutionized the customer seed buying experience by remaining true to a foundation built on faith, family, and farming. Founded in 1937, Beck's appreciates the farmers who have helped them become the largest family-owned retail seed company and the third-largest seed brand in the United States. The Beck family is now in its fifth generation of family members who work in the business to honor God and help farmers succeed. The Beck family and team of employees help farmers achieve success from generation to generation through authentic customer experiences, product diversity, seed quality, and performance. With a home office located in Atlanta, Ind., Beck's serves farmers throughout the Midwest and Mid-South. For more information about Beck's, visit http://www.beckshybrids.com/. Follow Beck's on Facebook, Instagram, LinkedIn, Twitter, and YouTube.

 

About Inflexion Point Technologies

Inflexion Point Technologies helps optimize yield, improve sustainability and deliver a positive return on investment on seed treatment. IPT’s Prescriptive On-Planter Seed Treatment or (POP-ST™) technology creates an entirely new category of seed treatment—in-field, real-time, prescriptive seed treatment to improve the yield and sustainability of commodity crops.

Cautionary Statements Regarding Forward-Looking

This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors could impact whether these statements of future performance are achieved.

POP-ST™ is a trademark of Inflexion Point Technologies, LLC.

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