Terragen (ASX:TGH) announced breakthrough results from an independent commercial-scale assessment of its biostimulant, Great Land Plus.
The study, conducted by agricultural technology firm Laconik, revealed that the application of GLP resulted in a 12% increase in maize silage yields compared to standard grower practices.
The trial involved 13 replicated data sets across four different product applications in a commercial environment.
Key findings showed that GLP outperformed all other treatments, including combinations involving kelp.
On average, the biostimulant produced an additional 8.8 wet tonnes per hectare, with some blocks yielding up to 90 wet tonnes per hectare.
From a financial perspective, the results suggest a compelling value proposition for Australian primary producers.
Based on a silage value of $125 per wet tonne, the yield increase equates to approximately $1,100 per hectare in additional gross revenue.
Terragen estimates a potential return on investment of up to 20 times, given an application cost of $55 per hectare, which includes the product, machinery operation, fuel, and labour.
Laconik's independent report validates GLP's efficacy in enhancing crop productivity under real-world conditions.
While Terragen notes that market prices for silage maize are subject to climatic variability and water availability, the results provide a robust benchmark for growers seeking to optimise their economic outcomes.