Successful Farming Mid-November 2021

Successful Farming magazine serves the diverse business, production, and family information needs of families who make farming and ranching their business. Get Successful Farming digital magazine subscription today and learn how to make money, save time, and grow your satisfaction in the farming business. True to its name, Successful Farming magazine is all about success. Every issue is packed with ideas readers can take right to the field, barn, shop, and office to increase their profit and to position their farming business for growth and success in the competitive and global industry of agriculture.

País:
United States
Idioma:
English
Editor:
Meredith Operations Corporation
Periodicidad:
Monthly
USD 1.99
USD 15.95
12 Números

en este número

1 min.
shaping the future of agriculture

As agriculture responds to an ever-changing environment with solutions that solve real problems, collaborations between major ag companies and ag tech start-ups have been growing. Farmers are also being included in a more meaningful way. It’s easy to understand why these partnerships make sense. Start-ups benefit from corporate funding and resources, but they also gain access to farmers, an area entrepreneurs have struggled with. Leaning into others’ knowledge can add an entirely new dimension when launching an idea. In turn, corporations can innovate and develop products rapidly to stay ahead of competitors, bringing viable solutions to farmers faster. In becoming more actively involved in the development of an innovation, industry leaders also are presented with a unique opportunity to drive the future of agriculture. As these relationships continue to develop, they can help…

1 min.
fast facts on ag tech start-up investment

With a 35% increase in funding over 2019, 420 ag tech start-ups raised $5.15B in venture capital in 2020. The number of individual start-ups that received an investment in 2020 dropped 43% from 2019. Of the top 25 publicly traded agriculture companies around the world (by revenue), over 50% of these firms have a corporate venture capital program. Of all the capital raised in 2020, 61% was raised by just 28 companies that have each brought in over $100M in investor capital. Some 33% of the money raised by ag tech start-ups in 2020 was for food, feed, and fuel companies; 29% for crop protection and production companies; 27% for value chain and logistics companies; 9% for digital agriculture companies; and 2% for animal health and nutrition companies. By technology type, 34% of venture capital…

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1 min.
quotables

“I realized very quickly that weight on a tractor is actually an asset that improves traction.”Electric tractors get attention from start-ups, p. 42.“… it’s a multitrillion-dollar industry that invests less than 0.5% annually in research and development.”Innovation has been limited in the agriculture value chain, p. 8.“Many farmers don’t know that this could be an option.”A farm sale-leaseback program unlocks equity, p. 50.“We’re basically bringing Silicon Valley to Topeka, Kansas.”Midwest city attracts worldwide innovation platform, p. 67.“Back then, breeding was more of an art than a science.”That changed when molecular markers surfaced, p. 30. martintill.com…

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1 min.
tech on the farm

Ag Tech Start-Ups To Watch Programs connected to state universities boost industry collaboration for innovative entrepreneurs. How to Make Your Operation A Launchpad For Tech Investing in technology comes with challenges, but Silent Shade Planting Co. believes it’s a necessary mission to ensure the farm’s future. High-Tech Manure With draglines and on-the-go sensors, livestock fertilizer hits the fast track. Cloud-Based Farm Accounting Solution Traction Ag captures a farmer’s financial and field information to provide an accurate view of operational performance using cutting-edge technology. Soil Health Through The Lens of The Tech Stack Indigo Ag’s launch of its own carbon marketplace sets the stage for a fresh ag tech boom. Read more about farm tech at Agriculture.com/technology. www.sound.ag info@sound.ag…

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9 min.
change is coming

The rise of ag tech in recent years has introduced a host of new possibilities in agriculture. It also poses unique challenges and opportunities. By enhancing and deepening interactions with start-ups, major ag companies are elevating technologies that can truly add value for farmers. Their active involvement is defining the future of agriculture. About six years ago, Wilbur-Ellis began to see a great deal of entrepreneurial activity happening outside of the normal ag channels. Several of its branches also were being overrun with different point solutions. Believing it could play a role in delivering these technologies to its customers, the company created Cavallo Ventures. “We wanted to bring organization to how we dealt with these companies and curate the better ones to bring forward,” says Michael Wilbur, president and CEO of Cavallo…

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4 min.
welcome to the show

Farmers must feel like major league rookies as they evaluate the barrage of carbon markets pitched their way. Like their baseball counterparts, farmers are neophytes in this new arena. The good news is that carbon markets can be a hit in terms of a new “crop” for farmers. In carbon markets, firms help match businesses aiming to be carbon neutral with farmers. Farmers receive payments to raise crops or livestock in ways that sequester greenhouse gases that fuel climate change: carbon dioxide, nitrous oxide, and methane. Examples include: • Conservation tillage• Cover crops• Nitrification inhibitors Program Offerings One example is Bayer’s program, in which it pays farmers up to $9 per acre based on practices the grower has implemented or plans to implement. “Growers can select which fields they want to participate in the program and…

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