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If you think Latin America is a seed hinterland… you're missing out.
From the World Seed Congress to AOSCA to Seed Canada and countless conferences in between, the past few months have seen us spend more time on the road than at home. Whether we were in Rotterdam, Kansas City or Edmonton, one of the biggest topics of conversation was Latin America. There is a lot of global enthusiasm for what Latin America can offer, but also some legitimate uncertainty-driven concerns about growing pains in a still-young sector, based on misunderstandings about the current situation in Latin America and how its position in the global seed market is evolving.
What I consistently see from numerous conversations with South American companies is that Latin American seed and seed service companies are split into two camps. Some are struggling with the challenges of inventing the wheel; building new business channels (especially if those channels are international) and overcoming regulatory hurdles that are not yet clear. Others are expanding surprisingly well. As a region as a whole, Brazil is not just a country to watch, it's a country to start a business in. Many of Brazil's seed companies are experiencing great success in growth, innovation, and industry leadership. Anyone who thinks Brazil is lagging behind is not even glancing at what's really happening in the seed sector.
North American companies that aren’t taking advantage of what Latin America can offer are missing out. Latin America is a vital market that continues to grow. For those of us in North America, the off-season benefits are obvious, but Latin America has so much more to offer. According to the FAO, Latin America has the highest percentage of arable land in the world, with almost one-third of the entire region being cultivable. This makes Latin America one of the most important regions on the planet for increasing food production, both in terms of cultivated area and productivity per acre. We need Latin America to feed the world, and as we in the seed sector know, it starts with seeds. Now, I’m not suggesting that companies jump into the altruism of feeding the world. I’m just saying there’s incredible business value for those who find the right partnerships and opportunities.
Let me be clear: it won't all be easy. The Latin American market needs to mature. Finding the right path will require cooperation, partnerships and effort. There have been challenges already and there will be more in the future. It is crucial for our success that we come together as a seed sector across the Americas to help Latin America establish a truly South American presence.
From September 30th to October 2nd, the American Seed Association (SAA) will be hosting its 9th Americas Seed Conference in Buenos Aires, Argentina. Some North American companies think that SAA is the Latin American seed association, but that's incorrect. The concept of SAA and its conferences is to span the entire Americas, from Canada in the north to Chile in the south. This conference is one that all North American companies should consider attending. This is a prime opportunity to collaborate on strategies, build partnerships, and develop business relationships with Latin American seed businesses to advance your own business. (Note: if you've ever tried to do any kind of business with Latin America, you know that relationships are absolutely critical to doing business successfully in this region.)
We are partnering with SAA for the conference because we believe in the importance of being involved in building the Latin American seed sector. Register using Seed Worlds' special promo code (SWL-SAA) to get 10% off your registration fee. See you in Buenos Aires and let's make plans to have a beer together.
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