General

OLIVIA, MINNESOTA/KENTLAND, INDIANA (November 2, 2015) — In a move to reinforce AgVenture’s Maximum Profit System™ support for growers, Pinnacle Agriculture Holdings, LLC (“Pinnacle”), has announced the purchase of Olivia, Minnesota-based Corn Capital Genetics, Inc. (CCG). The seed and agronomy business will now operate under the AgVenture® Pinnacle™ brand, will remain at its current location in Olivia, and will continue to be managed by CCG’s former owner, Steve O’Neill. Corn Capital Innovations, LLC, the crop insurance business was not part of the acquisition and remains independently owned and operated by Steve O’Neill. AgVenture Pinnacle customers will continue to have access to AgVenture® and VPMaxx® brand seed products.

AgVenture Pinnacle’s Olivia Manager, Steve O’Neill said, “This is a very exciting announcement for our customers, our company, and our community. As AgVenture Pinnacle, we will have expanded access to products, techniques and services that increase productivity, improve yield and maximize profitability for our growers. This change should be seamless for our customers while creating a new brand that looks toward innovation in seed, chemical, fertilizer and management techniques that maximize profitability on each acre.”

AgVenture, Inc. (AVI) Business Development Director Chuck Schneider said, “This is a huge acknowledgment of the AgVenture and VPMaxx brands and all they stand for. Customers will continue to work with the local professionals they know and trust, and in addition, will also have access to an array of additional crop input products and services aimed at supporting our MPS goals; dramatically higher yields, lower cost per bushel, and improved profitability on every acre,” he added. “Together with AgVenture’s specifically selected and locally adapted seed products, and year-round professional seed expertise, we can support our customers’ cropping plans, yielding greater profitability throughout the region.”

“Pinnacle is backed by more than six decades of successful seed testing, production, sales, and management. Our union with this group of companies is an ideal situation, as Pinnacle is committed to making seed products a primary offering,” said Tommy Jumper, Pinnacle Vice President, Seed Procurement, and Strategy. “We look forward to continuing a dedicated approach and committed relationships with customers to help more farmers achieve higher yield goals, and sustained long-term profitability.”

In addition to purchasing CCG, Pinnacle also acquired seven other seed companies across the Midwest that will operate under the AgVenture Pinnacle brand and remain part of the AgVenture network of independent seed companies. Each location will provide value-added crop input products and services to complement the seed offerings.  AVI will continue to support AgVenture Pinnacle locations with access to seed products and professional training to maintain the highest standards, while Pinnacle will support the locations with access to first-in-class crop protection and fertilizer products, as well as award-winning precision agriculture services. AVI will also maintain its service to its nationwide network of regional seed companies with excellence in technology access and seed professionalism.

AgVenture, Inc. is the nation’s largest network of independently owned regional seed companies. Based in Kentland, Indiana, AgVenture provides this growing network of independently owned and managed seed business owners with seed products meeting exacting standards for quality, together with leading-edge genetics and technology. Since 1983, this unique marketing approach has allowed each individual company to match the hybrids and varieties it sells to the specific needs of the geographical area it serves. Combined with professional seed representation at a local level, AgVenture strives to help every grower realize more profit from every field.

For More Information

Please also feel free to contact the former Corn Capital Innovations office at (320) 523-2252. We would be happy to answer any question you might have. Thank you.