Ag Tech continues to be a feeding frenzy for investment and innovation. If you thought the wild west was relegated to history books and John Wayne movies well then take ‘er easy there, Pilgrim…there are some things a man just can’t run away from. (Ok, now that I got the John Wayne quotes out of my system we can proceed with the articles).
But even farmland isn’t immune to the information revolution. Today, there are hundreds of agriculture tech startups around the world, and some experts say the situation reminds them of the early days of the internet: There’s a lot of activity in agriculture, but no clear winners yet – it’s hard to say who might become the Facebook or Amazon of the scene. Couple that with climate change pressures, the fact that two billion more people will live on this planet by 2050, and that just 40% of the world’s land is available to grow crops, and you have yourself a market ripe for innovation — and big money.
The backwards brain bicycle
Knowledge and understanding are two different things, and a divide between the two can easily make a situation messy or complicated. Bridging the gap should be as easy as riding a bicycle but watch what happens when you change something basic – like how to steer a bike!
The chicken that laid the golden fuel source?
BHSL has developed a patent-protected system to convert poultry manure into a fuel on the farm for energy. The company says its technology is transforming poultry production by turning a cost center — dealing with waste manure — into a source of fuel, thereby driving farm profitability through reduced energy bills.
Dial up the Chutzpah
For van Delden a trade mission trip to Israel came as an eye-opener. More even than high-level science, which Australia and for that matter many other countries also have, he concluded that it was a matter of mentality: “Dial up the Chutzpah“, he called a report he wrote that appeared early 2017.
“That audacity, that chutzpah, we were very interested in. If we can take an ounce of that and apply it to a country with the scale of land like Australia … Think of the potential,” he enthuses.
Myriad in the news
I was recently interviewed in the AgGrad Podcast, discussing how entrepreneurs can meet their customer’s needs by listening to their problems and building solutions for them.
One company in North Dakota owns 42,000 acres of prime farmland, 34 grain elevators, a grain-trading firm, and three company towns with dozens of smaller company-owned businesses.
“As great as the technology may be, if it’s not easy to use for the farmer or the feed processor or whoever is going to use it, then it hasn’t done us any good,”