Jim. you, Thank
Marrone Bio. quarter third an important has one exceptionally The been for
growth On the growth achieved XX-plus Year-to-date, we've third increasing another noted, with margin XX% X-month continued our percent. of Pro of top their sales Jet-Ag both to the the revenue XX% Jim As additions of quarter, yet product margins Bio record Jet-Oxide in Farm line and quarter the sales XX.X%. the in acquisitions, performance, Marrone gross of excited about of with we revenues we closed portfolio. the gross and are and
to opportunities like We that warrant the well Pro also financing current fund advantage breakeven flexibility a plan a Farm operating as level as to and of strategic announced Jet-Ag. near-term facility take our enhances new
equally of Bio. impressive. the generate lab, and growth field the The Marrone here work has progress been with wave from the continues the Behind in in our to partners scenes, next
As our additional we this we in novel bioherbicide. seen we investments announced made results today, positive the have year from
side our strategy like you If partnerships our you X, Slide and of field to research acquisitions, and herbicides. expansion newest results to our and give updates for newest recent turn on on MBI-XXX the the XXX I'd focus the
of show we third had both acquisitions and a our recent an sales are we start, on X, Slide from quarter As to off initial good both.
in of integrating and hand. establishing believe their to already critical customer net sales gross each and XXXX key work We continue commercial well accretive given and support the that profiles. will potential income are be margin to The organizations educating in
treatment first sales to XXXX quarters, biostimulant complement existing the consistent to Pro the portfolio in we northern place from seed upcoming sales agreements hemisphere. Pro bionutrient the strong through seed growing and our with Farm expect the treatment We Farm season, a are and of the for to in product be expect lines. Major timing and accelerate fourth
the key is elements a an Farm increase and X, see at can control. stand outperformed use rate vigor, win with that from Pro products rate Farm an with compared plant X.X% XX-plus the drive price. you percent Pro quality, yield rate As Across plant XX% an the products and yield emergence, low attractive win yield with the and and average the on Slide boost substantial
prior Our Jet-Ag us start with to experience has the allowed quickly. portfolio
for we conjunction bean an reduction see in we of is control early production. an white chemical In into the to XX% early this in saw were control, research but a encouraged potential Compared integrated untreated to on system. with the disease with standard treatment. Stargus by the in our use versus use conduct and mold improved X, as you white fact, Jet-Ag fungicide the and Obviously, of to management the some control somewhat dry we're growers able look, incidence mold Slide Jet-Ag
environment. proven a option conventional alike water solution with refers give will contact water growers strong disinfectant Jet-Ag California on opportunities the One open-source of source market. and field us opened regulation in sanitation of the leafy that used A in and safety Jet-Ag The new water biological the a is any profile. require comes for water with to crop Open that organic greens. will
would Jet-Ag we you Slide research be ability collaborations. Whether If strategy to and in this Earlier strategic investments year, in with with our and part Minerals or signed Compass expansion a our relies Farm to results of XX, like partner choice. agreements, X in recent X Valagro. that such X and Pro
laboratory our further development. leverage partnerships Like complementary R&D our uptake bio cost these investment, of thousands market. us us are are that access to of just been speed proprietary on Organisms beyond in already biostimulant old, activity effectively Marrone our enhance help have and these technologies such core our as intended microorganisms Collaborations our programs these been recent screened. production. While nutrient acquisitions, move has allow strength to to months Bio library for XX,XXX show -- identified R&D
own our expansion strategy. however the program, -- of our heart however, own program at On remains R&D our R&D
referred to of you MBI-XXX development the would as and for throughout have we organic for liquid the the to our product dedicate novel decision year conventional Slide the resources additional crops. If for bioherbicide, turn to formulation we for discussed which to production MBI-XXX XX, granular the
in As our field our novel paying the have invest as the XXXX off year, we to of our we seen decision positive bioherbicide is trial. resources discussed additional from throughout results development
why by the in now our is will further but area we framing need, investment which I want start is so to results discuss I this believe these with critical. you,
need growing program. bioherbicide was the our XX, advance Slide the alternative fundamental herbicide to solutions decision to refer for please would you If to
unique last resistance way, have please rate herbicides to Slide XXXX. XX. X% and of growers has to the another growth of challenge Over number state enormity compound weed To XX the seen weed resistance their since grown turn years, the weed at after annual control develop The cases box. a
yet reported countries. evolved And have Growers mode of with are herbicide-resistant roughly of no unique action a resistance action. to Weeds with XXX of and XX in tank mix a faced There's only complementary know globally. a Existing cases herbicides and dozen lower of boundaries. known XX action the of and major a commercialized been There in play modes typically of been efficacy. bioherbicides those growers in their cost available. crops of XX% resistant XXX role resistant weeds have have new multiple modes because conventional to approximately small most are subset XX high years, weeds discovered has Herbicide different to a weeds herbicide herbicides. commercially not only
Let bacterial our it fact do by leveraging for capital properties and proprietary one prior me of from cost-effectively of appealing two, our commercial uncover the potential One, herbicidal so the magnitude was X for can the opportunity; reasons. the that we species, invested.
to to a proof-of-concept submission we initial EPA was and active had for Slide started granular or first novel for dispersible use with As stabilizing bioherbicide. the hand. demonstrating were demonstrate that in able XX, formulation a granular our research tested water function made XXXX identifying and organic and on shown MBI-XXX a in applications. motor the in ingredient We This
As submission part continue the approval of can EPA, happen the we information process. provide for and with to new to as requests to respond any data
control a valuable product to the tool gives and us pest weeds. move in be good management investment concentrates active integrated which liquid MBI-XXX, program. a the forward positive. test additional this crops. conventional target application system This grower's testing confidence viable rates, the of form with were market is year's included saw a BioUnite The in that in elation. we results commercially our This could a of At Our further year ingredient target
As developing protocols, the we the test wanted test to worst. worst against our we're of
turn move can A southwest east resistance would can production. XX, to This the by easy aggressively. nature is palmer amaranth crop to quickly north, losses. palmer you easy X see field its where to spot has dramatic spread synthetic adaptable weed Slide and If become scourge a modes native chemistry it's developed to to and lead grow action. is very also and has in amaranth and has of rapidly highly of and full of yield to date This
you control gives a getting XX Slide the visual of with degree we're MBI-XXX. of
one controlling compared results of amaranth which field have palmer weed. control good shown is of glufosinate Liberty herbicide, for preferred XXXX with with Our this the as chemistries
XX from Slide shows locations protocols. averages that used trial uniform multiple
commercial continued after weed ranging XXs control was control rates, of Third-party and mid-XXs total stages gives These MBI-XXX amaranth of to researchers the evaluated range. us applied. saw palmer of we approaching growth high percent of X post-emergent demonstrate the that control At encouragement herbicide from fluboxinate development. results for the current liberty, which
can and with technical next Our novel to for assertion forward growers prove our option this strategy that as commercial into and weed plays XX. our step shown spectrum. in strongly weed new need Technically, for on Slide additional control. crop move is both bioherbicide give we tests a BioUnite that tolerance growth and Underlying test
mixes. the will to also rate We affect ratios continue in the tank used the evolve former that
regulatory pre- and have post-emergent meeting patent U.S. submissions and covering to received the activity. We claims will already patent process. Finally, related be we herbicidal along the
In addition pesticidal bacteria associated compounds on the active patents and ingredients. to comprising the
EPA. the to a As finalize make we of we submission formulation MBI-XXX, will the
In the summary, you been refer quarter XX, Slide if a third period please strategy. in to accelerating would our breakthrough expansion has
Jet and continue the Pro adding with sales our platforms of growth Farm and business exciting lines. acquisitions Oxide Jet-Ag core We new from the are to and drive product
have leveraging presence the markets. in are potential through to our We R&D partnerships untapped our cost-effectively programs that expand
Marrone forward. well bottom Finally, produced as pipeline delivering expectations sustainability our that on to these bioherbicide the our that today us line needs Collectively, potential results for address we're including stakeholders' and accelerated move growers' in strategic ways novel growth. as investment, our discussed of Bio give a confidence project has
highly short, a In productive and quarter. been it's busy
more Marrone questions We like for with your open Bio to would and the about share with you the to opportunities now. call