Digital Farming Disrupts Crop Chemicals Market

May 11, 2016
Farmers adopt technology designed to maximize harvests and minimize use of crop chemicals.

The crop chemicals sector could suffer another blow as farmers move to adopt new technology designed to maximize harvests and minimize the use of inputs such as pesticides and fertilizers, according to an article from Reuters. Digital farming is based on algorithms using data from farmers’ own fields to direct activities like tilling, sowing, spraying and harvesting crops.

The emergence of digital farming and an emphasis on reducing the use of chemicals challenges an industry already beset by faltering worldwide agricultural markets, according to the article. Companies such as Bayer and DuPont are reportedly investing in data science and services to generate revenues that could offset a future drop in chemical volumes.  According to Reuters, Monsanto's 2013 purchase of the Climate Corporation, which analyzes weather conditions, is digital farming’s largest deal to date at $1 billion.

Read the entire article here.

Sponsored Recommendations

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

The Art of Dryer Sizing

Read how to size compressed air dryers with these tips and simple calculations and correction factors from air system specialists.