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| insignum agtech: Wallaces Farmer , 2023-08 |
| insignum agtech: Tools and Tillage Grith Lerche, Alexander Fenton, National Museum of Denmark, 1988 |
| insignum agtech: AgTech Suren Dutia, 2014 In this white paper, we provide an overview of a new emerging economic sector: sustainable agricultural technology or, more simply, “AgTech.” This sector has the potential to completely reshape global agriculture, dramatically increasing the productivity of the agriculture system while reducing the environmental and social costs of current ag production practices. Given that we must produce more food in the next forty years than during the entire course of human history to date, and must do so on a planet showing signs of severe environmental stress, AgTech innovations will be absolutely essential. We believe humanity can rise to the occasion and overcome these monumental global challenges, but to do so will require sustained attention, significant investment, and AgTech-specific entrepreneur support systems to help spur innovation in the field. Our purpose in writing this paper is threefold. First, we seek to increase awareness of the productivity and sustainability challenges of the food system and inspire entrepreneurs to enter the field. Total demand is expected to rise 70 percent by 2050, and current growth rates in agriculture are not sufficient to meet this goal. However, the ag sector faces an even greater challenge because of the uncertainty posed by climate change on future production and constraints posed by the limited availability of land, water, and other key resources. These twin challenges of productivity and sustainability translate to countless opportunities for innovation across the complete value chain, from inputs and agricultural production to transport, processing, distribution, storage, and waste disposal. Visionary entrepreneurs will have the ability to solve pressing societal challenges while capturing the economic value of their new AgTech products and processes. Our second purpose is to help increase the flow of capital to investments in AgTech. The agriculture sector as a whole is one of the world's largest economic sectors, with net farm income of around $120 billion and farm assets at around $2 trillion with little leverage. Yet there has been relatively little investment in AgTech compared with other industries like clean energy. Venture capital firms compiling portfolios of new AgTech companies are seeing more startups seeking funding than available capital, and other investor groups thus far have not entered the field in significant numbers. Given the size of the potential market and the vital societal need for agricultural innovation, we expect that investors soon will realize the opportunity of AgTech and invest substantially in this emerging field. Our third purpose is to highlight the need for regional AgTech entrepreneur support systems to accelerate innovation. We believe that the American heartland provides an ideal example of a region poised to make great strides forward in developing an entrepreneurial sector for AgTech. The heartland has some of the world's best growing conditions and natural resources, and currently produces 27.2 percent of the world's corn, 29.75 percent of its soybeans, 6.7 percent of its beef, and 6.9 percent of its pork, making this region an epicenter of global agricultural activity. The heartland houses some of largest and most progressive agricultural companies in the world, looked upon as leaders in their field. The heartland is blessed with highly developed transportation networks along its waterways and railroads, allowing for efficient logistics and transport of ag products. In addition, the heartland has world-class AgTech research capabilities with its land-grant universities and city-level clusters of expertise, such as plant sciences in St. Louis and animal sciences in Kansas City. Given the overall AgTech entrepreneurial activity in the region and the large number of significant multinational players, the American heartland can be a powerful influence in driving the objectives of the AgTech revolution. Taken together, these resources indicate a regional competitive advantage in AgTech, similar to what the Silicon Valley cluster has provided for the IT industry. For these reasons, we believe a concerted effort to develop a regional AgTech entrepreneurial support system will result in immense benefits for the region itself and set an example for other agricultural communities across the world. We hope this paper launches a larger dialogue on the monumental challenge of sustainable food production for the next forty years and opportunities for the AgTech sector to help solve this challenge. We look forward to hearing your thoughts and ideas on these important topics. |
| insignum agtech: AgTech in Action Luca Gallo, 2025-01-24 Introduction to AgTech Core Components of Precision Farming Crop Management with AgTech Soil Management and Sustainability Livestock Management in Precision Agriculture Water Management and Irrigation Techniques Autonomous Machinery in Agriculture Current technologies: autonomous tractors, drones, and robotics. Plans for the next decade: AI-powered fleet management, self-driving harvesters, and integrated systems. Future Trends in AgTech |
| insignum agtech: Challenges Facing Agriculture Guillaume M. Defrance de Tersant, 2019 Global food production faces severe challenges that will test the world's ability to mobilize technology, industry participants, and governments to develop a sustainable response. Feeding a growing population and accommodating for rapidly evolving diets calls for a significant expansion in production. Progress is needed to help produce more with less, limit the environmental impact of chemical inputs, and curb agricultural greenhouse gas emissions. The agricultural workforce is facing increasingly challenging economic conditions, a lackluster generation of new producers, and industrywide labor shortages that threaten the continuity of food production. Innovative systems are crucially needed to boost productivity, while protecting natural resources and sustaining a vital workforce. In the past decade, Agriculture has witnessed the rise of a novel proponent of such systems stemming from an unprecedented wave of investments, innovations, and entrepreneurial ventures, referred to as AgTech for the purpose of this work. The aim of this work is initially to analyze the most pressing challenges faced by global food production, communicate on their magnitude, and highlight opportunities for innovation. In parallel, this work aims to increase awareness on the magnitude of food waste and loss, and present opportunities associated with food waste reduction and prevention. Then, this work will briefly define AgTech, present its benefits, and evaluate its impact on the food production industry. Based on this evaluation, limitations of AgTech will be presented, and industrywide recommendations to enhance its impact will be proposed. Finally, this work will propose a concept to reduce food waste in agricultural production. |
| insignum agtech: AgTech Ecosystem Kentucky M. Ruijs, W. Hennen, P. Ravensbergen, 2021 An inception study has been conducted of an intended feasibility study into the opportunities of AgTech ecosystem development, in particular greenhouse horticulture, in Kentucky. The current situation and possible follow-up steps have been mapped out by means of a spatial analysis of production locations for greenhouse horticulture, a market and value chain analysis, technical analysis of making production more sustainable and the governance aspect. Obstacles and opportunities for the Dutch and Kentucky (horticultural) industry are also described. The study provides recommendations on these aspects for follow-up activities to enable AgTech ecosystem development. |
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