Florida Foundation Seed Producers Inc

The Organization works with the Institute of Food and Agricultural Sciences of the University of Florida for the purposes of increasing foundation seed from the point at which a variety is developed by a trained plant breeder to the state where ample stocks are made available to qualified seed producers. The Organization owns 500 acres of land near Mariana, Florida. The Organization owns farming equipment, processing equipment and storage facilities that it uses to grow, harvest and process foundation seed products. The majority of the costs incurred are included in the cost of goods sold, line 10b of Part VIII.