- Grace Breeding’s NFT biofertilizer, registered and branded Maoz™ in
- Farmers can also use carbon credits as a source of revenue using Maoz, which relies on 50% less urea –
- Estimated earnings to farmers when using Maoz have the potential to be
“Historically, Farmers have seen their margins constricted, while using more urea, the byproducts of which are harmful to the environment. However, now, with the availability of our natural fertilizer that relies on less amounts of urea as well as water, gas and manpower, farmers finally have an environmentally friendly product that will help them both increase incremental output and reduce costs,” said
For example, an estimated mid-size Brazilian farm of around 5,000 hectares may earn additional annual earnings of
Using Maoz, the cost savings benefits to farmers and the potential for additional income are represented in the graph (Figure 1), below:
Figure 1.
Specifically, yields were increased as shown below (Figure 2), when tested in two different locations in
Figure 2.
Maoz™ will allow farmers to significantly reduce their dependence on synthetic fertilizer, or urea, a nitrogen-based fertilizer that is harmful to the environment, as well as provide them with an alternative that is more economically viable and increases carbon sequestration. The use of a bio-fertilizer like Maoz leads to reduced use of urea and consequently lower carbon emissions, which is crucial for slowing damage to the environment.
Figure 3, below, shows how vegetation health was demonstrated following the application of Maoz, by detecting the presence of chlorophyll (shown in green) via NDRE (Normalized Difference Red Edge), a type of band data and method that measures the amount of chlorophyll, and therefore health, in crops.
Figure 3.
About Grace Breeding’s Maoz Bio-Fertilizer
Grace Breeding’s proprietary bio-fertilizer, branded as Maoz in
About
Eurofins is a renowned global leader in food, environment, pharmaceutical and cosmetic product testing, discovery pharmacology, forensics, advanced material sciences, and in agroscience
About Gaia AgroSolutions
Gaia AgroSolutions is a modern Brazilian company that focuses on developing, recording and validating disruptive, sustainable technologies with low environmental impact for Brazilian agribusinesses. All the company’s products undergo rigorous testing and validation on experimental farms before being marketed.
About
References:
1Calculated using the Corn kg/Ha market price and the exchange rate as of
2Fertilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Forward-Looking Statements
This press release contains forward-looking statements concerning our business operations and future plans. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management's current expectations which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, he preliminary nature of the Company's business operations, the dependency on the success of future filed trials, the regulatory environment, the Company's financial position and other risk factors. For a more detailed discussion of these and other risks that may cause actual results to differ from the forward-looking statements in this press release, please refer to our most recent annual report. The Company does not undertake any obligation to update forward-looking statements made herein.
Contacts
Investors
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Media
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All figures accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/92c83d22-e2c9-4a5d-a216-31cbd53602cc
https://www.globenewswire.com/NewsRoom/AttachmentNg/b82e04ff-e268-4999-886b-87474fa5d201
https://www.globenewswire.com/NewsRoom/AttachmentNg/e52c317d-c974-47ea-aff1-54aa049c9196
Figure 1
Maoz (TM) - Farmer Estimated Potential Additional Income in US$/Ha. (Maize, Brazil )
Figure 2
MAOZ(TM) -- Maize Yield increase comparison in 2 different trials in MG, Brazil , 2023
Figure 3
Maoz(TM) - NDRE: Vegetation health index based on the presence of chlorophyll. A method to demonstrate the plant health in mature crop stage.
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