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MBII: Marrone Bio Innovations reports results of nematode control on corn and improved stress tolerance on barley and wheat.

12/10/2019

By Ian Gilson, PhD, CFA

NASDAQ:MBII

READ THE FULL MBII RESEARCH REPORT

Marrone Bio Innovations (NASDAQ:MBII) has reported the results of international trials of MBI-203WDG on corn which reduced nematode count and increased yield. Untreated yield per acre was just over 128 bushels (Bu) and treatment with MBI-203 increased the yield to 135 Bu. This was better than the conventional treatments. Root damaged was cut in half but was slightly above that when a conventional chemical nematicide was used. The best yield was obtained when MBI-206 EP was used at a higher dosage.

Stress tolerance trials in Latin America using Pro Farms (Marrone's recent acquisition) Foramin nutrient technology on barley and wheat resulted in higher yields (in kilogram per hectare) when Foramin was included with the current seed treatment. Yield improvement was an increase from about 7340 kg/ha to close to 7820 kg/ha with barley and similar gains for wheat.

Yield gains using BioUnite improve the profitability of crops by a significant amount and require no added investment in machinery or labour.

Pamela Marrone, founder and CEO, will retire from Marrone Bio Innovations but remain on the board and will serve as a consultant.

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