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Small breeding companies see opportunities after mega mergers

Farmers may be worried about the multibillion-dollar deals transforming the agriculture industry, but independent seed companies see the consolidation as an opportunity.

Plenty of customers will ditch the big-name brands because they want more personalized service and products developed for local soils and climates, according to Sonny Beck, the 75-year-old head of Beck’s Hybrids, the largest independent seed retailer in the country.

“Consolidation always opens up the market,” said Myron Stine, the 44-year-old president of Stine Seed Co., the largest closely held seed wholesaler in the U.S. “I don’t care if it’s only 10 percent of the market that says: ‘OK, I don’t like this consolidation. I want something different.’ For a company our size, that’s an extremely big deal.”

Read more at Bloomberg
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