Summary
In this episode, Nathan Faleide interviews Robert Saik CEO and Founder of AGvisorPRO™ and visorPRO™ and former CEO of DOT (acquired by Raven Technologies, now CNH) and founder of AgriTrend (acquired by Trimble, now AGCO) about the adoption of agricultural technology and the challenges faced by farmers. They discuss the slow adoption rates of ag tech and the complexity of the technology. They also explore the potential of precision agriculture and the impact of acquisitions in the industry.
The conversation touches on the role of biologicals in agriculture and the future of input companies. They conclude by discussing the need for alignment between agriculture and consumers to ensure a sustainable and transparent food supply.
The conversation covers various topics related to agriculture, technology, and consumer behavior. It explores the control of narrative by agri-food companies, the perception of blueberries by consumers, and the impact of the sustainability index on consumer choices.
The discussion also delves into the role of livestock in regenerative agriculture and the misconceptions surrounding greenhouse gas emissions. The concept of augmented intelligence in agriculture is explored, as well as the importance of broadband connectivity in rural areas.
The conversation concludes with a reflection on the potential shift of agricultural production to other countries and the need for sustainable practices to leave a better earth for future generations.
Takeaways
- The adoption of agricultural technology has been slow, with many farmers hesitant to embrace new tools and systems.
- Interoperability challenges and the complexity of ag tech have hindered widespread adoption.
- Simplifying ag tech and making it more user-friendly is crucial to increasing adoption rates.
- The potential of precision agriculture is vast, but there are still barriers to overcome, such as cost and ease of use.
- The rise of biologicals in agriculture presents new opportunities for sustainable and environmentally friendly practices.
- There is a need for alignment between agriculture and consumers to ensure a transparent and sustainable food supply.
Chapters
00:00 Introduction and Background
03:16 Adoption of Ag Tech
06:23 Interoperability Challenges
10:27 Simplifying Ag Tech for Farmers
14:24 The Potential of Precision Agriculture
18:10 Acquisitions and the Future of Automation
22:20 The Hesitance to Adopt Ag Tech
25:21 The Importance of Cost Savings
28:17 The Role of Biologicals in Agriculture
32:52 The Future of Input Companies
35:06 The Rise of Biologicals
39:08 Consumer Perception and Alignment
41:56 Controlling the Narrative in Agri-Food Companies
43:14 Consumer Perception of Blueberries
44:16 The Sustainability Index and Consumer Behavior
45:26 Consumer Choices and Perception of Food
46:27 Regenerative Agriculture and Livestock
47:17 Greenhouse Gas Emissions and Livestock
48:13 The Biogenic Cycle of Methane
49:54 Cultured Meat and Factory Farming
52:09 Augmented Intelligence in Agriculture
57:12 The Importance of Broadband Connectivity in Agriculture
58:22 The Impact of Technology on Agricultural Investment
01:05:05 The Potential Shift of Agricultural Production to Other Countries
01:07:19 The Shift in Metrics for AgTech Startups
01:10:07 Leaving More Earth for Future Generations
01:11:36 The Future of Agriculture and the Changing World
Talking AgTech with host Nathan Faleide