The scope of [agricultural] advances during the past three years is nothing short of astonishing. Today’s growers now have at their disposal a full complement of science-based tools, among them disease-resistant seeds, biological crop inputs, increasingly precise nutrients, data-driven farm management and robotics to improve on-farm productivity and curtail food waste.
[Phil Erlanger, managing partner and cofounder at Pontifax AgTech] has identified four areas of agtech innovation that….hold the most promise for success under the criteria of making more money for farmers, protecting the ag environment and contributing to the world’s food security….
Sophisticated Crop Inputs….New biological inputs, when combined with micronutrients, are helping reduce chemical loads in crops, thus improving soil health while reducing runoff of traditional fertilizers into lakes, rivers and streams.
Gene Editing….“As agriculture migrates away from genetic modification, gene editing tools that aim to optimize the physiology of plants are growing in importance,” [Erlanger said].
Automation and Robotics. [Agriculture] producers are experiencing “a growing need for organized data” as their production processes grow more complex. They are also increasingly constrained by labor shortages. Here’s where both automation and robotics can boost productivity and profits….
Health and Nutrition….If the ag sector is to feed up to 10 billion people in coming decades, knowledge from biotech science and human nutritional needs will have to be adroitly applied to the ag sector.
Read full, original article: Ag Sector Positioned To Withstand Market Volatility