Speaking on Business: Betaseed
Betaseed is conducting research in Idaho to develop new seed hybrids for sugar beets.
This is Chris Redgrave for Zions Bank Speaking on Business.
The sugar beet is in the top 10 crops for the state of Idaho in terms of its value when it leaves the farm, bringing millions of dollars of revenue into the Gem State every year. That’s a reason Betaseed launched their facility in Kimberly back in the early 70s and now has 35 employees on board.
Betaseed is conducting research in Idaho to develop new seed hybrids for sugar beets. This is a technical process that creates specific traits for each new variety of seeds that the grower then uses to create more uniform growth, increase crop yields and adapt plants to more diverse environments. A critical part of this process is geographic isolation to monitor which traits are included with each hybrid seed, so Betaseed has separate production areas in Idaho and is expanding into neighboring states to continue their work.
Mark Schmidt, vice president of sales and marketing for Betaseed, says their work has impact because it can provide revenue increases for Idaho growers. They sell to approximately 600 growers who work with Amalgamated Sugar Company, which has 190,000 acres of sugar beet production in Idaho, Washington and Oregon, as the largest sugar beet processing company in Idaho.
Find more online at www.betaseed.com.
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For Zions Bank, I’m Chris Redgrave, speaking on business.
898 Center St.
Kimberly, ID 83341