Digitization: The Next Revolution in Agriculture Dan Wright Monsanto Canada Canada trait Launch Lead Dec 16, 2015 ©2015 The Climate Corporation All Rights Reserved Challenges Facing Farmers ©2015 The Climate Corporation All Rights Reserved Challenges Facing Production Agriculture RISING 9.6B+ population GROWING middle class 7.1B 4.4B 1980 TODAY 2050 Source: http://esa.un.org/unpd/wpp arable land animal protein consumption in 1965 14% in 2030 Source: UN FAO Food Balance Sheet, World Health Organization Global and regional food consumption patterns and trends” 3 4.9B DECLINING RISING 9% 2B Source: http://www.reuters.com/middle‐class‐infographic 1 ACRE per person in 1961 less than 1/3 ACRE per person in 2050 Source: The World Bank, Food and Agriculture Organization of the United Nations (FAO‐STAT), Monsanto Internal Calculations ©2015 The Climate Corporation All Rights Reserved It’s a Digital World ©2015 The Climate Corporation All Rights Reserved Digital Data Represents the Real World Hybrid planted vs. yield 5 ©2015 The Climate Corporation All Rights Reserved Technology Advancement Enables Data Science Electronic Circuits Wireless Data Transfer 32x 97% increase in computing power for the same cost in the past 75% drop in wireless data transfer price in the past drop in price per gigabyte of storage in the past 10 years 4 years Source: Wikipedia.org, anandtech.com, Intel, CNET.com, processortimeline.info, thocp.net 6 Source: Cisco (global wireless data use) and Statista (global carrier data revenue estimate) ©2015 The Climate Corporation All Rights Reserved Data Storage 10 years Source: Wayback Machine (Statistic Brain) The Green Data Revolution ©2015 The Climate Corporation All Rights Reserved Adoption of Technology Can Optimize Yields and Sustainability U.S. Corn Yields 200 (in bushels/acre) Green Data Revolution 150 100 50 0 Green Revolution 1924 1940s Late 1960s Advanced Breeding and Biotechnology Late 1980s Late 90s to Early 2000s Source: USDA NASS, 2014 8 ©2015 The Climate Corporation All Rights Reserved How Data Science Powers Digital Agriculture Software Engineering Data Scientific Expertise 9 Models Insights Data Science Statistics ©2015 The Climate Corporation All Rights Reserved Complex In-Field Interactions Determine Yield Potential Seed Genetics Weather Diseases Pests Agronomic Practices 10 Field Variables ©2015 The Climate Corporation All Rights Reserved Capturing Data Soil Field Atmosphere Nutrients Hydrology Microbiome Planting data Hybrid performance Crop Health Weather ─ Current, historical and future ─ Combination of weather radar and gauge data ─ Disease ─ Pests Crop Growth Stage Harvest data 11 ©2015 The Climate Corporation All Rights Reserved Data Science Delivered Through Digital Tools Optimizing inputs… 12 To maximize production ©2015 The Climate Corporation All Rights Reserved Climate FieldViewTM in the US ©2015 The Climate Corporation All Rights Reserved VERTICALS Climate FieldView Digital Ag Platform Seeds & Planting Fertility Data Science Field Insights Software Engineering FOUNDATION CLIMATE DIGITAL PLATFORM Weather 14 Field Data Data Visualization ©2015 The Climate Corporation All Rights Reserved Collaboration Climate FieldView Overview 15 ©2015 The Climate Corporation All Rights Reserved Weather and Scouting Note: Images are for illustrative purposes only. 16 ©2015 The Climate Corporation All Rights Reserved Seamless Data Connectivity 17 ©2015 The Climate Corporation All Rights Reserved Data visualization and connectivity Visualization Connectivity • • • Pulls data from the field into the cloud • Enables the viewing of data in digital form as they pass through the field • • Digital field maps Integrates field data from multiple machines Syncs with multiple iPads® to share activities Remote View, text alerts, and email reports Note: Images are for illustrative purposes only. 18 ©2015 The Climate Corporation All Rights Reserved Field-Level Nitrogen Management Advanced monitoring and planning tools provide insights that help farmers project nitrogen shortages before they occur and make application decisions with confidence. Note: Image is for illustrative purposes only. 19 ©2015 The Climate Corporation All Rights Reserved Opportunity for Proactive Fertility Management Through Modeling Sample of >3,800 Fields1 Nitrogen Shortfall Nitrogen Surplus >10% of fields1 experienced yield loss due to insufficient nitrogen >40% of fields1 could benefit from optimizing inputs Average impact of yield loss $54/acre Average savings opportunity $13/acre 1Representative and random sample of >3,800 Nitrogen Advisor Fields where main Nitrogen application was mineral fertilizer. Assumes $4/bushel corn, $0.40 /lb-N fertilizer costs and average yield of 168 bushels perThe acreClimate Corporation All Rights Reserved © 2015 20 ©2015 The Climate Corporation All Rights Reserved Nitrogen Management Use Case: Yield Opportunity Northern Illinois, July 2015 With additional nitrogen: 217 bu/acre Check strip – no additional nitrogen: 175 bu/acre 21 © 2015 The Climate Corporation All Rights Reserved Satellite Imagery In-season and historical field imaging helps farmers address yield-robbing issues Note: Image is for illustrative purposes only. 22 ©2015 The Climate Corporation All Rights Reserved Use Case: Satellite Imagery Disease Management Grey Leaf Spot 7/10/14 9/14/14 Carroll, IA | Corn | 145 Acres 23 ©2015 The Climate Corporation All Rights Reserved Simple Prescription Creation • Starts with subfield soil type zones • Simple tools for zone customization, hybrid and population selection Note: Image is for illustrative purposes only. 24 ©2015 The Climate Corporation All Rights Reserved The Science Behind the Platform ©2015 The Climate Corporation All Rights Reserved Extensive Research Supports Tools PUBLIC TRIALS Wentworth, SD MONSANTO TRIALS Fort Dodge, IA FY16 Expansion New Berlin, Martinsville, IL IL CLIMATE TRIALS Climate Research Farms 26 ©2015 The Climate Corporation All Rights Reserved What’s Next ©2015 The Climate Corporation All Rights Reserved The Future of Digital Ag Increasingly Sub-field customized insights insights 28 Expanded features Expanded Expanded crops geography © 2015 The Climate Corporation All Rights Reserved www.climate.com @climatecorp ©2015 The Climate Corporation All Rights Reserved Thank You