Growing Returns

Selected tag(s): data sharing

3 steps to close the conservation data gap between farmers and investors

Farmer Scott Henry stands in a soybean field with a tablet computer.

Sustainable agriculture must be economically viable. Photo credit: Leslie Von Pless

In addition to benefiting the environment, on-farm conservation practices tend to create economic value for farmers and surrounding communities. Anecdotal examples of these benefits abound – fertilizer efficiency saves farmers money; no-till lowers labor and fuel expenses; and buffers and wetlands reduce downstream flood risk and drinking water treatment costs.

Quantifying them, however, remains a major challenge. The resulting data gap limits broader adoption of conservation measures.

Farmers care about stewardship, but many conservation practices require large upfront investment or take too long to produce returns. At the same time, investors want to help farmers generate financial and environmental benefits, but a lack of economic data holds them back, according to a study from Encourage Capital [PDF] and the USDA Natural Resources Conservation Service. Read More »

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Why privacy is an essential piece of agriculture’s big-data revolution

Your ag data has the possibility of being hackedData science in farm management is one of the biggest trends to hit both agriculture and Silicon Valley in recent years, with an explosion of technologies emerging to help farmers optimize everything from seeding to irrigation to fertilizer application.

As ag tech products grow more sophisticated, so too has the innovation trend evolved. What began as a slew of single-purpose tools has now evolved to include apps that integrate different types of information to give farmers a “dashboard” view of their land. And it includes new apps that can help multiple farmers pool their data to analyze a crop’s performance across a range of growing conditions, or to benchmark their input costs against one another.

The agriculture sector stands to gain insight from all this data. Farmers need metrics to help them figure out how to increase yields sustainably while improving soil health and protecting natural resources for future generations.

But they have valid concerns about sharing data. Read More »

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